Sun Tv is ready for breakoutMajor resistance tested many time, now i am hoping for a breakout
flag pattern formation
consolidation breakout
very short term trend is positive
SUNTV
Suntv channel pattern swing.Hi guys,
We can see beautiful channel pattern in suntv,
Stoploss : 515
Target : 580
I am not your financial advisor, this idea is only for educational purposes.
SUN TV SUNTV:
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)
Sun TV- Broke Major Resistance | Positional/Investment IdeaHighlights:
Broke out of a major resistance
Volume expansion
Bullish market structure
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
About the Company:
Sun TV Network Ltd is the second-largest television network in India, with 20 channels and 43 FM radios in several Indian languages. Sun Tv is the world`s no.1 Tamil channel that features movies, news, serials and shows -- 24 hours a day. In the print media segment, the company has six publications under this segment namely Dinakaran, Tamizh Murasu, Kungumum, Mutharam, Vannathirai, and Kumguma Chimizh.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
SunTV is looking to breakoutThe analysis is given on the chart
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I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
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SUNTV
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Suntv LongSuntv good to buy for swing trade
We can buy suntv stock near by or at demand zone , 534-542 targets would be 610,681,776,840,975.
Suntv near multi-year breakoutSuntv near multi-year breakout , have a good potential.
1st safe target after crossing 680 is 800 , stock will struggle little bit upto price range 680. After few up and downs we can see other targets
2nd 900 , 3rd 1000 near about and final new all time high.
can suntv break shackles?strong breakout .
bounced from 0.618 fibo level
initiate buy above 585 for positionally
keep stoploss below 500
target 650, 760
Bullish On Sun TVIt may go towards 560 and if it breaks that, possible to reach 600.
Can Enter Now with SL 499 :)
Sun TV - 10% candidate SunTv
Good breakout
If closed above 560 on Weekly charts
With SL 520
Tgt inline is 600 650++
SUNTV: Short term & Mid term view- BullishMonthly MACD crossover happened but the stock price not reacted and all my indicators are showing bullish on this stock. Daily MACD crossover also may happen on upcoming days. ADX trend is getting strong but price not moving much. It can shoot up on upcoming days. Price may move more than the target levels bcaz of the bullish signals in monthly chart.
Vijayaraghavan.K,
Kovilpatti,Tuticorin dist.
SUNTV Bullish Trend Alert1. inverted head sholder pattern formed
2. rising wedge pattern form price movement
3. minor trend for ascending triangle pattern formed wait for breakout confirmation after buy entry and neckline targert 839
SUN TV - Breakout expected soonSUN TV looks good for a breakout
Levels are mentioned in the chart
1:3 risk reward setup
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Regards,
Segan
