SUNTV trade ideas
SUNTV looks good for buySUNTV is looking to breakout from a pattern.. BREAKOUT continues the uptrend
SUN TV breakout reverse head and shoulder pattern along with cup with handle, it could be a strong buy above the resistance levels above 548
sun tvNSE:SUNTV
i expecting this stock will go up to 650.( till your opinion about this stock, let learn together)
target :650
stop loss: 500
I am a beginner to share market. i now only learning about that.
if my analysis is wrong pls tell me . i will correct it and learn form
PLS tell your opinion. about this stock.
date: 1/6/2001
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SUN TV -Long term Breakout level.Please taken entry once share have broken its Multi year resistance at 566 or below depend on your Risk appetite.
1. Multi year Resistance at 566
2. Golden crossover of 50 -200 EMA in coming weeks.
3. Stocks is currently at nearly at half way away from its Life time high.
SUNTV looks good for buyingBased on Cup & Handle pattern:
Sun TV has tested its major resistance and shown some retracement. The stock is good for buying.
Buying Point: 550-560
Targets: 650-750
Anticipating a good move in the upward direction.
SUNTV LongSUNTV after testing 560 resistance(10 year old strong resistance) has again come to the breakout levels.
The breakout strategy an be a simple bullish movement upwards.
OR
A cup and handle formation.
Equity buyers can buy at 565 and again at dips til 530.
Option traders can risk an ITM call as the stock results are going to be out soon and SUNTV looks a promising stock.
The LTP of SUNTV 550 CE is 23.1 for JUNE 2021 contract with an OI of 354. I am bullish on this and hoping to se 600/620/640 in coming months.
You can always do back testings on Day/Week/5min charts as per your experience and track the stock results to have a stronger view before taking any trade.
This is just my personal study and analysis. Do not trade on the basis of just my study. Do your own research as well.
Sun TvAdd Sun Tv 540/520 we seen 588/623/665+
If close or sustain above 665 new 🚪open.
View invalid below 498 wcbsl
Note: all views are education purpose only.
Darvas Box BreakoutSUN TV is looking very bullish at this stage.
If sustain above 570 for the day, it can be bought for long position.
Conservatively, TGT=635 with SL: 516
Note: This idea is for educational purpose. Do your own research before investing
SUNTV - Multi Time Frame AnalysisA Daily Close above 560 with High Volume will give a fresh breakout in SUNTV for the potential target(s) of 650, 700 in coming weeks & months.
Volume activity have increased in the last couple of days. It is retesting 560 quite often with Higher Lows. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Sun TV-800 possibleSun Tv can move towards after taking support at 200 EMA in weekly timeframe. keep a watch.
SUNTV BreakoutCup n Handle Breakout with good volumes on cards. view negated below 520 on closing basis. positive buy above 560.
SUN TV Weekly swing tradeNSE:SUNTV Levels are Mentioned in the chart... Good for swing trading...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
Ascending triangle breakoutCMP : 537 , Target 1 : 546, Target 2 : 556, SL : 520
Study : Ascending triangle breakout
[Positional] Suntv Ascending Triangle Compression PatternNote -
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. Please refer to the link to my footer and explore further if You want.
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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.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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