LOOKS LIKE A BUY MOSTLY LETS SEE REFER CHART FOR DETAILS
Positional Buy on Given levels above 581 for 591-603 sl 567
One might want to buy Suntv on a dip for today with SL of 589.9 and target of 608.9.
Breakout and Sustaining well. Buy on Monday Open for Target 795.20+
Buy SunTV at 606 Stoploss closing below 500 Target 803 930
SL at 598.1 TGT 1 - 575.25 TGT 2 - 568.2
One may sell suntv on rise with a SL at 599.3 and targets of 580/574. Adjust volumes as per entry price. Do not want to go with heavy volumes near a low R-R zone.
There is confluence of 1) Price action 2) Channel 3) Inverted Hammer Hope this time Suntv will oblige me !!!
If SUNTV drops to the border region of three states marked around early Aug then I am going to grab it with SL below 380. Expecting support from the police dept, govt and people of all 3 states :)
SunTV : NSE : Short : Weekly Analysis : Get Out Soon Short around 560-570 Targets - 530 , 510
This is a Weekly chart The blue horizontal line should be a significant resistant area as it was a previous support area So probably Suntv may find it difficult to cross 555. The long term support for suntv comes @ 444. So look for Beautiful Destinations When suntv reaches the triple repetitive 444
suntv price on great support line
ALL MENTIONED IN CHART SUN TV HAS COMPLETED ITS BULLISH CYPHER PATTERN NOW TIME FOR REVERSAL SL 500
SUNTV (Sun TV Network Ltd) #SELL BELOW 585