SUN TV Long

SUN TV NETWORK LTDNSE

Description

⋅ Mar 24, 2019 12:18 PM

Long down ward trend line & Inverted H & S broken simultaneously.

Go long for Targets of 618 and 696, stop loss closing below 572.

Comment

⋅ Mar 26, 2019 2:00 PM

Today high 591.9

Comment

⋅ Mar 27, 2019 2:21 PM

Intraday high of 601.7 reached.

Comment

⋅ Mar 28, 2019 2:25 PM

8 Rs less than 618 for Tgt1.

Comment

⋅ Mar 29, 2019 2:26 PM

Crossed 618 and touched 639.

Wait for next target.

Chart Patterns Technical Indicators

Comments

MAYA_MUMBAI

⋅ Mar 30, 2019 4:41 AM

congrats on reaching the target !

MAYA_MUMBAI

⋅ Mar 26, 2019 2:09 PM

Hope your 618 will reach soon

all the best for your trades !

Sunandamedi

⋅ Mar 26, 2019 2:11 PM

@MAYA_MUMBAI, Thank you.

Missed the Reliance Capital today.

MAYA_MUMBAI

⋅ Mar 24, 2019 1:05 PM

I am also long on Suntv?

Can you please explain the technical behind the call ?

Sunandamedi

⋅ Mar 24, 2019 2:53 PM

@MAYA_MUMBAI, Recent trading has multiple support at 592 and multiple resistances at 636.

So, Tgt 1 618 should not be a problem.

As far as Tgt 2, 696, Ichimoku signals have given cross over in daily chart. Now, the price is near 50% retracement level. From here if it starts moving up crosing 703 is a possibility.

MAYA_MUMBAI

⋅ Mar 24, 2019 2:55 PM

@Sunandamedi,

thanks Sunanda!