(Positional Trade) | RR 1:4+ | Type:- Retest
Reasons To Trade 🤔 :- 1st Retest After Breakout, At Support Zone, At 200DMA, Clear Setup.
Entry Zone :- 415 - 420
Stop Loss :- 395
Targets :- 500 & 511
(Risk Must Be Managed.)
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Long sun TV after the BO above the price of 445 for the target level of 505 with the SL of 412. This is very High probability trade & very good risk to reward ratio. This is for your educational purpose only.
Key Levels for SUNTV : INTRADAY CHART ANALYSIS
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
SunTv might breakout from its hourly trendline.
Below 381 can give good breakout to 375 levels. If 375 levels are broken it can further move down to 365-368.
Market looks bearish tomorrow and this could provide a good shorting oppurtunity.
IT IS ALSO TRADING BETWEEN TREND LINES LET IT BREAK ON CLOSING BASIS IN 15 MINUTE CHART IF BREAKS UPPER LINE TARGET IS THE GAP AS MENTIONED WITH TICK MARK AND IF CLOSES BELOW LOWER TREND LINE SHORT TARGET GIVEN GOOD LUCK
NOTE: TRADE AT OWN RISK