Amit_Ghosh

Suntv Results Arbritation

Long
Amit_Ghosh Updated   
NSE:SUNTV   SUN TV NETWORK LTD
It fell after a good results on the political turmoil of South India which has nothing to do with the stocks. Longs are in the system. So, best bet will be 740 PE but Let's long Suntv with a stop loss.

It has also cup and handle setup pending. We have a straddle at 820 with breakeven of 755 and 885 which should go into profit.
Comment:
8000 INR done and dusted. It looks weak for intraday. So if you are doing intraday, close it.I am keeping positionally with 771 as a stop loss.

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