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...
1. Trend Bullish 2. Pattern - Rounding pattern 3. Breakout & Retest 4. RR is lucrative
SUN 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...
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 - Cup & Handle Found All The Technical Indicators Good Positive Buy At Cmp 539.35 SL - 485 ( Day Closing Basis ) Target
Sun TV looks good buy once sustains above 490 for the marked targets with the white lines until 470 is intact on the lower side. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
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...
NSE:SUNTV #NSE:SUNTV trading @ resistance, chances to retest resistance, fall, successfull TL BO only can show momentum upside. Happy LEarning !!
📈 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...
SUNTV - this could rally from here if one strong buying session happens.
NSE:SUNTV #SUNTV Broken 2 yrs long resistance and trading high above the new support. Good above 612. Post momentum confirmation may try 610 CE with new support level as SL. Happy Trading !!
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
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
Highlights: 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...
The analysis is given on the chart Comment if you have any query and if you like my analysis, don't forget to press the like button. 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...
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