SUNTV for 60% (approx..) Gain

Updated
SUN TV is showing trendline Breakout with good amount of Volume. fundamental is also looking good. Since 2018 it was showing a LH--LL formation but as per looking on chart the trend has change and after consolidation, it is making HH--HL on monthly chart. This is a good sign..

CMP : 605
TG : 900
SL : Below 9 weekly EMA

Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.

Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.
Trade active
Trade active
Trade active
Trade active
Slowly and Steadily..
Trade closed: target reached
trail your stop-loss accordingly ...!!
Chart PatternsFundamental AnalysisSUNTVsuntvanalysissuntvlongTrend Analysis

Also on:

Related publications

Disclaimer