📈 Sun Tv 📉
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.
Target- 550 and 608
RR- 1: 2
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and...
Sun TV ready to move
After taking support at 587 is now moving freely.
buy 690 ce dec
if closes today above yesterday close.
send me the feedback
enjoy the ride
Breakout of IHS pattern as well as rising channel on weekly chart. Should head towards its all time high of 974. RSI on weekly chart is about 70, indicating strong momentum.
Disclaimer : for education purpose only
With 480 as immediate support SUNTV might start its move higher with multi-year resistance @ 555. There was a breakout in July which ended up with retest failure and again back to 480. Hope this time it shoots up with target of 761 and breaching it with 910 as next target. If the breakout fails there is a possibility of testing 480 and also 429 levels.
SUN TV swing analysis
In above chart we have used1 5 min time frame.
Traders can go for swing trade for this one .
See the movement and Go long or Short after proper breakout and break down
Please put proper stop loss.
*We are not SEBI registered
This is only for educational purpose.
Please consult your advisor before making any trade or investment
There are two possibilities like below
1) Take a retracement at support 546 and break 580 resistance as given in chart (Bull side breakout)
2) Break the support at 546 and reach 510 (Bearish side)