SUNTV trade ideas
SUNTV SUNTV good to buy if sustain above 500. Target 514, 557, 565. View negated if close today below mentioned red line. Everythig is clearly mentioned on chart.
What A Setup "Suntv"4 Patterns Together :
1. Bullish Engulfing On Daily Chart
2. Bouncing From 50% Retracement Of Recent High
3. If We Combine Last 4 Day Candles It Will Make A Long Pin Bar From Low.
4. If You Will Look Closely It Has Also Formed Higher High, Higher Lows From December.
Rock Solid Support Now At 507
Buy Above 530.5 (More Strength If Give Weekly Close Above 530.5)
Strict SL - 507 (Day Closing Basis)
Target - 840
fresh targets for suntv after hitting 550 markcontinuation update
as we see there is
inverted head and shoulder pattern
based on which
next possible positional target
can be near 640 +
disclaimer - trade @ own risk
old post for reference
Sun TV - Start of next rally?Looks like Sun TV has broken its toughest resistance (550) in the monthly chart and managed to close above it last Friday. If it holds the level on Monday, it looks strong for a buy.
Long, UP-TARGET:80-100%SUN TV both technically and fundamentally looks on fire, at least hold this June starting as Tamil Nadu elections with completely fall in its favor.
Buy SUNTV Buy SUNTV around 460-488.
Rejection from monthly trndline
Breakout from weekly and daily trndline. With good volume. And RSI above 60.
Trade on weekly time frame
Targets are mentioned on chart🤘🏻🤘🏻
SUNTV- STOCK OF THE MONTHNSE:#SUNTV- (Daily Chart)
Formations-
1. Stock at multi-resistance level & looking for breakout.
2. B/o above 550 & we need to watch for sustain.
3. Next possible upside towards 580/630 levels.
4. Support at 520.00 Level.
Stock of The Month-
NSE:SUNTV (WEEKLY)
1. stock finally near breakout after huge consolidation between 350 to 550 levels.
2. If stock able to sustain above 550 level we can see major upside like #TVSMOTOR & #TATAMOTOR.
3. You can match this chart with the above's both stocks.
#SUNTV Inverted H&S BO#SUNTV Inverted H&S BO
All details on chart. Can be entered in FNO or in cash as per risk appetite.
