ShelendrAgrawal

Sun TV Chart Analysis !!

Long
NSE:SUNTV   SUN TV NETWORK LTD
πŸ“ˆ Sun Tv πŸ“‰

My Findings :-
1. Breakout from Resistance Zone and this zone is important because it was support earlier.
2. Higher High and Higher Low Formation.
3. Close Above Jan, Feb, March High.

Bias- Long
Target- 550 and 608
SL- 495
RR- 1: 2

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.

Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Trade closed: stop reached

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