This stock is on a downtrend from all-time highs reached in Jan 2018. Sell if 1-day candle closes below 650. Target 570. Major Support near 560.
Based on my xMRSI-Progresser predictive trading methodologies, its going to be a GREEN candle on 05-Oct-2018 for SUNTV Buy Above(5Min candle close): 640.2 for targets - T1: 645 T2: 647.9 T3: 650.9 SL: 635.1 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and...
Is the current move of SUNTV just a throw back of its breakout? 550 plays a very important support level even psychologically and technically. It has also retraced and reversed from very important retracement level which coincide with major support.
Based on my "xMRSI-Progresser" predictive trading methodologies, its going to be a RED candle on 25-Sep-2018 for SUNTV Sell Below(5Min candle close): 631 for targets - T1: 626.3 T2: 623.4 T3: 620.5 SL: 636 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please...
SUNTV is testing the neckline.May bounce back to make the right shoulder or fill the gap
i feel sun tv is a buy on dips. if going below 650 - i will consider my counts to be wrong However i feel - the downward momentum is not yet over & can still dip further Also a DMK victory in TN election will give a big boost to the same all the best Luck is yours | Wishes are mine
If We assume SunTV will make another shoulder then possible entry can be taken tomorrow for long side with SL below 656 for target of 900-950
Just a channel study critics welcome
Remember that all wave counts are work in progress & are meant to aid trading I use Elliott wave count to help in my trading, not to verify if i am right or wrong ... i am willing to accept i could be wrong & knowing before hand what i will do when i am proved wrong... The only thing that are guaranteed in life are Death & taxes....... critics welcome
Guys SUNTV make new LL keep watch sell above the yellow and watch retest area Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such...
1) Bearish divergence 2) Double bottom - buy at bounce back -- SL 490 3) Both SUN and ZEE has been posting strong ad revenue growth and good bottom line but stock has been under performing to squeeze out weak hands 4) Consumer companies have been performing well, which gives strong visibility of revenue growth for atleast 1 year
Short Sun TV check chart for details