SUNTV | Beautiful setup - Potentially can capture 30-35% Long

SUN TV NETWORK LTDNSE

Description

⋅ May 15, 2023 4:42 PM

SUNTV | Beautiful setup - Looks easy opportunity to capture 30-35%

-> Hammer at channel support
-> W pattern
-> Higher low formation in daily time frame
-> Small breakout in Daily time frame

CMP : 448 (Dip : 420)
SL : 385
Target : 580

1:3+ risk reward setup

Comments

RS_V

⋅ May 15, 2023 7:00 PM

Thanks for analysis. I exited SUN TV today. In fact I cleared 90% portfolio today to book profits. Will enter again in tranches.