SUNTV targeting 920 930 in the short term
SUNTV was trying to break its crucial resistance of 860 for quite a few weeks. It has found not 2 or 3 but 4 resistance at this point till now and still managed to trace back to it. Today on the hourly charts it saw a sharp move beyond which showed buying interest and price can soon move towards 920 and 930 levels. Failure to move in 2 3 days will signal another failed resistance breach and price can drag down.
SUNTV
SUNTVOrder cancelled
Not breaking to the upside as expected. Expecting market to fall a little on friday. It can remain sideways with it.
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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.