johntradingwick

Sun TV- Broke Major Resistance | Positional/Investment Idea

NSE:SUNTV   SUN TV NETWORK LTD
Highlights:
  • Broke out of a major resistance
  • Volume expansion
  • Bullish market structure
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

About the Company:
Sun TV Network Ltd is the second-largest television network in India, with 20 channels and 43 FM radios in several Indian languages. Sun Tv is the world`s no.1 Tamil channel that features movies, news, serials and shows -- 24 hours a day. In the print media segment, the company has six publications under this segment namely Dinakaran, Tamizh Murasu, Kungumum, Mutharam, Vannathirai, and Kumguma Chimizh.

Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.

Comments

Sir was this a false breakout?
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ALL your recent ideas look similar are these stocks from same sector?
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@fxdyy, No, they are from various different sectors. And yes, they do seem familiar, because they are forming the same structure. Can't help it ;)
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@johntradingwick Any idea how to pick these kind of stocks i.e. should we use filters or any tool recommendations?
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johntradingwick newinthefield
@newinthefield, Hi, I track all my ideas manually. People use some kind of scanners such as chartink. You can try that.
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