SUNTV Trade plan1. Trend Bullish
2. Pattern - Rounding pattern
3. Breakout & Retest
4. RR is lucrative
2.80%
45.80INR
17.064BINR
37.721BINR
84.652M
About SUN TV NETWORK LTD.
Sector
Industry
CEO
Maheshkumar Rajaraman
Website
Headquarters
Chennai
Employees (FY)
1.316K
Founded
1985
ISIN
INE424H01027
Sun TV Network Ltd. provides television broadcasting services. The firm engages in the business of Broadcasting of General Entertainment, News Television Channels and FM Radio Channels. It operates through the Broadcasting segment. The company was founded by Kalanithi Maran on December 18, 1985 and is headquartered in Chennai, India.
SUNTV for 60% (approx..) GainSUN TV is showing trendline Breakout with good amount of Volume. fundamental is also looking good. Since 2018 it was showing a LH--LL formation but as per looking on chart the trend has change and after consolidation, it is making HH--HL on monthly chart. This is a good sign..
CMP : 605
TG :
SUNTV - Weekly AnalysisIn the Weekly Chart of SUNTV ,
we can see that; after Trendline breakout, it retested it properly and and now a strong Bullish momentum.
more 35% upward momentum is pending till next resistance.
Expected momentum is shown in chart.
Falling Wedge Pattern breakout in SUNTVSUN TV NETWORK LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Falling Wedge Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 612+.
✅Can Go Long in this stock by placing a stop loss below 590-.
SUN TV# SUN TV #
# LONG TERM VIEW BULLISH
# BUY ABOVE - 570 to 590
# TG - 1000
# CBSL - 450
# R : R - 1 : 3
This is not an investment advice and also please note this is only for education purpose.
So before investing any single rupee, please do your own research according to your risk taking capacity
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Long above 622 with a SL below 600. (Wedge breakout)
SUNTV BUT @ 600 TGT 800 900Suntv big bull run confirmation on technical chart on monthly time frame.
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