Suntv dailySun tv rising wedge pattern. 535 good support to buy for swing trade. For 590 plus targets.
SUNTV trade ideas
SUNTV DAILY Suntv is moving in the rising wedge pattern. 535 is good support based on pattern. One can go long for 590 plus targets.
sun tv simple support and resistanceweekly closing above 570 can open the door for 640,and support area is 510
suntv ready to move out of boxits ready to give move
standing on the shoulder of previous high(actual not a fake move )
SUNTV - Bullish for a swing tradeIf SUN TV Breaks the ema line in the coming days, we can expect a 25-30% up move.
SUNTV MULTIYEAR LEVEL BREAKOUTSUNTV at very crucial levels in weekly timeframe. A second weekly closing above 565-567 levels can further surge the price of this gem to 650 to even 800 levels
Inverted Head & Shoulder Breackout | SUNTV NETWORK SUNTV Weekly: CMP looks good for more upside
1) Inv H&S BO
2) Good Volumes
SUN TV SUNTV:
There are two possibilities like below
1) Take a retracement at support 546 and break 580 resistance as given in chart (Bull side breakout)
2) Break the support at 546 and reach 510 (Bearish side)
SUN TV Weekly Chart After a long consolidation, SUN TV shows a up move and on weekly chart excellent triangular pattern created. Which will give meaningful breakout and likely to cross its previous high.
First breakout now retested the neck line,. Buy signalCMP 555 Broke its resistance with volume touched 580, came back to test the neck line of 555. With consolidation ,one can see it breaking the 555 level again and this time would make a stop at 600.
#SUNTV#SUNRise_LONG_WBO Inverse Head & Shoulder
BUY @CMP 568
SL 520
TGT1- 660 (R:R=1:2)
TGT2- 804 (R:R=1:4.5)
**NOTE: Trade on your own Risk.
Only for Study Purpose.
SUNTV ASCENDING TRIANGLE PATTERN BO DONE WITH HUGE VOLUMENice Breakout done of Ascending Triangle Pattern with huge Volume.
SWING TRADE OPPORTUNITY
BUY ABOVE 475 FOR TGT 650-725+ WITH STRICT SL @ 520
SUNTV FOR LONG ALWAYS PUT YOUR STOPLOSS 1ST
After long consolidation stock is Break the structure and move higher. if stock is sutten 550-560 levels we can accumulate stock
and major trend is also change stock in weekly tf MA crossover happen
THIS ANALYSIS FOR ONLY EDUCATIONAL PURPOSE
-THANK YOU FOR YOUR TIME
Sun TV- Broke Major Resistance | Positional/Investment IdeaHighlights:
Broke out of a major resistance
Volume expansion
Bullish market structure
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
About the Company:
Sun TV Network Ltd is the second-largest television network in India, with 20 channels and 43 FM radios in several Indian languages. Sun Tv is the world`s no.1 Tamil channel that features movies, news, serials and shows -- 24 hours a day. In the print media segment, the company has six publications under this segment namely Dinakaran, Tamizh Murasu, Kungumum, Mutharam, Vannathirai, and Kumguma Chimizh.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
CONSOLIDATION AND BO POSSIBLE IT CAN CONSOLIDATE AND IF IT BREAKS 585
TGT-640/690
WE CAN BUY ON DIPS i.e. at 575-570
SunTV is looking to breakoutThe analysis is given on the chart
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I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
breakout on weekly chartit's a weekly chart of sun tv ltd, which gives a breakout on the weekly chart. you can see the resistance line I draw, its touch resistance multiple times, and now it finally gives breakout with volume
