Suntvanalysis
SUN TV Swing Long Setup - Sun TV is currently trading at 825
- I am interested in this setup where I see a huge imbalance on the left and we have high probable chances of this moving up rapidly
- We have also purged the sell-side liquidity which trapped a lot of shorts
- Now we are all set to expand higher
- Watch out Sun Tv if you are looking for swings
Sun TV Network cmp 800.75 by Weekly Chart viewSun TV Network cmp 800.75 by Weekly Chart view
- Support Zone 730 to 765 Price Band
- Resistance Zone at 920 to 950 Price Band
- Weekly basis Support at 730 > 626 > 531 with the Resistance at 891 > 986 > ATH 1097.80
- Support and Resistance Zone Price Levels to act as respective necklines for Short and Long Timeframe Rounding Bottom patterns
- 6+ odd years long timeframe Bullish Rounding Bottom inclusive of Double Rounding Bottom and/or Cup and Handle as one may view and interpret the chart pattern
Sun TV Network headed to 1300+(?)Sun TV on weekly chart seems to be in ‘Wave III’ that could extend to ATH (all time high) of 1100 also completing the Cup (of C&H) as seen in the chart.
‘Wave IV’ could correct to around 800-850 levels and then ‘Wave V’ to head towards 1300 (over 60% rise from current level of 800) also completing the Handle (of C&H). This is all part of a larger Wave 3 that began in Mar 2020.
This is not a trade recommendation. Please do your own due diligence. Please also note the above price levels have been attained through various assumptions and need timely interventions when in trade.
SUN TV NETWORKSector leader
Sun TV Network was established in 1985 as Sumangali Publications Private Limited and was later renamed as Sun TV Network Limited. Sun TV, the flagship channel of the company, was started in 1993. STNL is primarily involved in television broadcasting.
Media Index is beginning to look good.
SUNTV for 60% (approx..) GainSUN TV is showing trendline Breakout with good amount of Volume. fundamental is also looking good. Since 2018 it was showing a LH--LL formation but as per looking on chart the trend has change and after consolidation, it is making HH--HL on monthly chart. This is a good sign..
CMP : 605
TG : 900
SL : Below 9 weekly EMA
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.
SUNTV - Ichimoku Breakout📈 Stock Name - Sun Tv Network Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 814.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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SUNTV Analysis & Prediction in DTFThis is the analysis of SUNTV in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About SUNTV :
Sun TV Network Ltd. provides television broadcasting services. The firm engages in the business of Broadcasting of General Entertainment, News Television Channels and FM Radio Channels. It operates through the Broadcasting segment. The company was founded by Kalanithi Maran on December 18, 1985 and is headquartered in Chennai, India.
Breakout Opportunity: Sun TV Network (SUNTV) Primed for Upside Sun TV Network (SUNTV) is showing promising signs of a potential breakout on the horizon. The stock has been consolidating within a channel pattern, and a breakout above the key resistance level at 627 could pave the way for further upside potential.
Technical Analysis:
Channel Consolidation: SUNTV has been trading within a defined channel pattern, indicating a period of consolidation.
Key Resistance at 627: The stock has repeatedly tested and respected the resistance level around 627, highlighting its significance.
Upside Targets: Upon a confirmed breakout, potential upside targets include 648 and 674, representing immediate objectives. Moreover, the next significant resistance level sits at 735.
Potential Trade Scenario:
Breakout Confirmation: Traders should monitor SUNTV closely for a decisive breakout above the 627 level, preferably accompanied by strong volume.
Targets: Once the breakout occurs, the immediate targets are set at 648 and 674. Traders may consider taking partial profits or trailing stops at these levels.
Longer-Term Outlook: If SUNTV manages to surpass the initial targets, the next significant resistance level at 735 could offer an extended upside opportunity.
Risk Management:
Stop-Loss Placement: To mitigate risk, consider placing a stop-loss below the breakout level to protect against potential reversals.
Monitoring: Continuously monitor price action and volume dynamics to confirm the validity of the breakout and adjust your trading strategy accordingly.
Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Trading involves risks, and it's essential to conduct your analysis and consider risk management strategies before making any investment decisions.
Remember to stay disciplined and adhere to your trading plan. Keep an eye on SUNTV for potential breakout confirmation and adjust your positions accordingly based on evolving market conditions.
Suntv - breakout - keep on radar Suntv has been playing below 683 levels for a long time, nearly 5 years.
Now it can either breakout as per case 1 or it can take resistance from 683 and play out like case 2.
Either way it's good to keep this stock on radar and watch out how it plays out.
Plan your trade.
SunTV - Ichimoku Bullish Breakout Stock Name - Sun Tv Network Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 516.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Sun TV Chart Analysis !!📈 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.
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.
Sun TV - 15 Min timeframe Analysis and Swing IdeaSUN 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
SUNTV FOR LONG ALWAYS PUT YOUR STOPLOSS 1ST
After long consolidation stock is Break the structure and move higher. if stock is sutten 550-560 levels we can accumulate stock
and major trend is also change stock in weekly tf MA crossover happen
THIS ANALYSIS FOR ONLY EDUCATIONAL PURPOSE
-THANK YOU FOR YOUR TIME