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...
Buy If sustains above 522 for the targets of 532 and 542 until 513 is saved on the downside. Happy Trading! InvestPro India Team
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.
Note: This is for educational purpose only. There seems to be a cup and handle pattern bullish breakout in Sun TV with good volume. RSI above 65 indicates bullish momentum.
SunTV forming a channel in 2 hour time frame. Either side opportunity there. Trade according to the direction of the breakout. Up-Side: Long: Target: 509-510. Down-Side: Short: Target: 445-450. Possibility of great reward trade.
Nifty Media is still 52% down from ATH. We should see some bullishness in this sector. SUNTV is 2nd highest contributor of Nifty Media. Fundamentally the company is good. We should expect bullish momentum to continue. CMP - 495 Target - 570 Returns expected - 10.5%
suntv if break 522 then market go up 600 to 750 expect or sl 400
If holds above 651, then it looks good for 460/466/472. Regards
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.
Price should reach 470. If breaks & sustains then 560 possible.
(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.) Keep Your Eyes On Index 😜Follow For More ✔ Give Me A Thumbs Up...👍 --Any Suggestions--
ALREADY GIVEN TRADE ON SUNTV AGAIN BULLISH ABOVE 502 SL CLOSING BELOW 21SMA
Price about to break the triangle pattern, if today closes above the previous resistance strong then tomorrow it might trade super bullish. Lets wait for the break from the pattern.
SUNTV LEVELS 1. BUY ABOVE 400 FOR A TARGET OF 422 2. SELL IF WE GET A CLOSING BELOW TREND SUPPORT LINE FOR A TARGET OF 368/358.