SUN TV NETWORK LTD
Long
Updated

(Positional) Buy SunTV

1161
Trade Setup: Stock has made a base around 410-430 levels and now showing signs of upward movement with volume on daily charts.

Buy Zone: 435-440

SL: 400 on closing basis

Target: Target1=465, Target2=508 Target 3=550

Imp:

1. Trading requires more than technical analysis . e.g. Risk Management, trade management, psychology etc.
2. Always follow stop loss.
3. Once a trade is in your direction (say) 2-3%, never let it go in a loss.
4. Simply follow rules. Nothing else..

Disclaimer: This is for demonstration and educational purpose only.

Trade active
First Target Achieved...
Trade active
SL moved to 461
Trade active
Second Target achieved..

Trailing SL=461 (All stops are on closing basis)
Trade active
Trailing SL=474 (All stops are on closing basis)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.