NSE:SUNTV   SUN TV NETWORK LTD
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sun tv is trading in a channel it takes support at the bottom and bounces back always

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What is your time prediction for the target?
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sanjaayysingh Bhagesh_Paraswani
@Bhagesh_Paraswani, Approx one month and i have personally bought this at 514 with stoploss of 489 and targets of 560-580, also have to watch out for the tamilnadu elections as this stock has some political elections. I guess the electins are on june not sure just look it up!
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Bhagesh_Paraswani Bhagesh_Paraswani
@sanjaayysingh I’ve entered this stock with a 520CE @25 will hold it till 32-34-36.
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sanjaayysingh Bhagesh_Paraswani
@Bhagesh_Paraswani although I don't suggest you trade in options, there's huge call writing at 520 call option and short unwinding at 550 CE option if it breaks 520 can see a good upside.
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Bhagesh_Paraswani Bhagesh_Paraswani
@sanjaayysingh can you please explain me how to observe if at a strike price the call/ puts are being bought or sold.
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sanjaayysingh Bhagesh_Paraswani
@Bhagesh_Paraswani you can exit at 28 if you're a safe trader, if tomorrow there's a gap up then you can book your profit.
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sanjaayysingh Bhagesh_Paraswani
@Bhagesh_Paraswani ping me on my telegram @Whoissanjay
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cheerfulMeerka80179 sanjaayysingh
@sanjaayysingh,
Hi Sir..at EOD it entered 540ce @13...if opens gap up on monday ,what will be the target
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Bhagesh_Paraswani Bhagesh_Paraswani
@sanjaayysingh it is facing resistance from trend-line around 517-18 waiting for it to be broken
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good stock
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