SunTV is looking to breakoutThe analysis is given on the chart
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Suntvanalysis
SUNTV Possible BO Long Term Trade IdeaSUNTV has been hitting a major resistance level since last few weeks in an ascending triangle pattern leading to a possible BO.
Wait for the BO & retest at the resistance levels (turns support) to buy.
All analysis provided in chart.
This is my first published analysis after months of private trade and practice.
Disclaimer: I am a SUNTV shareholder. I am not a financial advisor, so please do your own research before investing.
SUNTV Network - Buy & Accumulate SUNTV Network
SUNTV is in strong Buy Zone.
MY view is, It will move up to the expected target levels of 559, 597, 650
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**Disclaimer: I am not a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
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Buy and Accumulate SUNTV.
Its is god time to Buy SUNTV.
The Tamil Nadu Election's Big Win, will help the stock to shoot up soon and it may reach the targets of 650, 776, 835,955 in coming days. Even, a quick profit between 5%-15% can be booked easily in couple of months.
*** You can also see my other stock analysis and the performance of achievement/judgment in my profile ideas. If you would like to see more ideas on stock movement, please follow me.
**Disclaimer: I am not a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
What A Setup "Suntv"4 Patterns Together :
1. Bullish Engulfing On Daily Chart
2. Bouncing From 50% Retracement Of Recent High
3. If We Combine Last 4 Day Candles It Will Make A Long Pin Bar From Low.
4. If You Will Look Closely It Has Also Formed Higher High, Higher Lows From December.
Rock Solid Support Now At 507
Buy Above 530.5 (More Strength If Give Weekly Close Above 530.5)
Strict SL - 507 (Day Closing Basis)
Target - 840
Sun Tv Perfect Cup n handle for long unto 4 months.Sun Tv Breaks the 508 level , if it will substance above 510, then it will move upto 597. as it clearly creates and crossed the neck line Cup n Handel pattern. the neck line point od this pattern is 90 points, hence it will move unto 90 points once it crossed the neckline I,e,508.
N.B. consult with ur financial advisor before invest.