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Suntvnetwork

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
NSE:SUNTV
by PIYUSHCHAVDA
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.
NSE:SUNTVLong
by DhandhaPaani
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.
NSE:SUNTVLong
by CyborgTradingHub
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.
NSE:SUNTVLong
by ShelendrAgrawal