Technical analysis doesn't matter for reliance owned companies now for the long term, do they?:P This stock is looking nice for the long term, may reach 50-60 levels in the coming months or maybe even sooner.
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.
Good trading opportunity in the stock exists. Ascending Triangle broken combining the Flag pattern and it seems that if has already shaken the weak traders today so upward journey may be smooth now. Buy now or or dips depending upon the risk taking capacity where stop loss of 39.20 suits to you. Target 43.50