: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
1. inverted head sholder pattern formed 2. rising wedge pattern form price movement 3. minor trend for ascending triangle pattern formed wait for breakout confirmation after buy entry and neckline targert 839
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.
If this sustains below 375, it can be a short candidate. One should trade this only if it sustains there.
sell below 381.30 Target 376.45 buy above 388.35 Target 394 Disclaimer : Trade at your own risk
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. NSE:SUNTV
Suntv making double top pattern it has potential to breakdown to 406 if Rsi Cross 40 level.