SUNTV trade ideas
The Sun is about to shine on Sun TVSun TV recently completed Bullish Shark pattern on Daily Time frame. It bounced from the PRZ but has retraced back to around the same levels. It has given a strong green candle near the PRZ with engulfing the earlier red candle. Looks like sunny days ahead for this stock.
Long SunTV - High Probablity Swing TradeChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:SUNTV
📈 Pre-open MTF #PriceAction Analysis by #KRMG (15 Sep)👉 Stock 2 - #SUNTV
👉 Sector - MEDIA
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - Yesterday it has broken an important resistance of 508 Level and able to close above it now it has 535 as next barrier as per Hourly timeframe
After big Gap Up opening it has continued the Uptrend throughout the day and able to close at the Days High
Now it needs to close above the Critical Zone then it has 520-527 as upside targets (Breakout should be good and clean without volume spikes - else look for trading reversal)
🎯 Coming to sectoral pattern - #NiftyMedia is now in strong Uptrend and broken its important resistance 1925 Level convincingly
#KRMGPriceAction
#LearnWithKRMG
[Positional] Suntv Price Action Bet
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Trend reversal in Sun networkbuy sun network for good returns. trend reversal from dynamic support @aptradingadvisor
SUN TV.... AT AN OFFER PRICE!Sun tv is a fundamentally good script for long term investment. It offers good dividend for its investors.
The stock is at the best price now for investing. It is at the support trendline.
The price is much lower than intrinsic value.
Start accumulating, add more on dips and forget for the next one year!
Long Idea in SUNTVSUNTV is consolidating on the lower trendline of the symmetrical triangle. So there is a chance of price making a good bounce from here. If the consolidation breaks to the upside. We may go long in intraday.
[Positional] Suntv Channel BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
=======
📈 Pre-open MTF #PriceAction Analysis by #KRMG (27 Aug)👉 Stock 2- #SUNTV
👉 Sector - MEDIA
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has been strongly reversed to downside from 5900 Level and now trading near to its important Demand Zone and has 470 Level as its next barrier as Hourly Timeframe
If it breaks and sustain Below the CRITICAL ZONE it may start continuation of Downtrend and has space till 465 Level
Watch for #PriceAction around important CRITICAL ZONE structural points to plan your trade
🎯 Coming to sectoral pattern - #NiftyMedia is currently in Good Downtrend and currently trading near to its important support of 1500 Level
#KRMGPriceAction
#LearnWithKRMG
Sun Tv is ready for breakoutMajor resistance tested many time, now i am hoping for a breakout
flag pattern formation
consolidation breakout
very short term trend is positive
Sun TV SupportSun TV taken Support at 200 DMA and closed slightly above 503.85. If any reverse option tomorrow, High chance it will touch the blue line. NSE:SUNTV
SUNTV Breakout in weekly CandleBreakout in channel pattern. Moving down towards the weekly trendline. If we find the reversal candle on the weekly trendline. good for short term investment
Suntv channel pattern swing.Hi guys,
We can see beautiful channel pattern in suntv,
Stoploss : 515
Target : 580
I am not your financial advisor, this idea is only for educational purposes.
