SUN TV BULLISH Inverted Head and ShouldersSUN TV showing Inv Head n Shoulder pattern
short term bullish BO given already
SUNTV trade ideas
SUN TV Looking bullish with break out of C&H HighSun TV Looking bullish:
+ Price broke high of Cup & Handle formation
+ Price closed above 200EMA on weekly chart
- Stock has daily beta of 1.07, hence can swing along with the Nifty, ⬆️ or ⬇️
Sun TV is showing a breakout from a cup & handle patternSun TV has given a breakout from a Cup & Handle pattern in daily time frame. The only caveat is lack of volume after breakout if it shows a healthy green candle above 509 with good volume it would be a good sign. It may try to move towards 620 level.
Disclaimer: This view is for educational purpose and not a recommendation.
Buy SunTv above 522Buy If sustains above 522 for the targets of 532 and 542 until 513 is saved on the downside.
Happy Trading!
InvestPro India Team
SUN TV ANALYSIS FROM THE BEGINNINGeverything explained in the chart guys.
just a look in to it.
if anybody have any doubt just inform
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Sun Tv Perfect Cup n handle for long unto 4 months.Sun Tv Breaks the 508 level , if it will substance above 510, then it will move upto 597. as it clearly creates and crossed the neck line Cup n Handel pattern. the neck line point od this pattern is 90 points, hence it will move unto 90 points once it crossed the neckline I,e,508.
N.B. consult with ur financial advisor before invest.
Sun TV NetworkAfter reversing from a Bullish Harmonic Shark it has now given a breakout in weekly time frame as per Ichimoku which suggest further upside till 550 as long as it gives a weekly close above 485.
Coincidentally, the min expected retracement of 38% of the Bullish Shark is also in the same range along with a Bullish Harmonic Dragon which is running in daily time frame with the same level as a target.
sun tv perfect breakoutsun tv has made a perfect cup and handle formation and took a breakout from neckline. it looks stronger on upside with the target of 545 and stop below 508.
Sun TV - Breaking the resistance finallyPrice finally breaking the resistance today and it is expected to reject at the previous high marked in the chart.
There will be a possible break after the retest of the breakout levels.
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Sun Tv - Looks StrongEven looks good on Daily/Weekly & Monthly TFs
510/520 is strong area of resistance
but volume activity shows it may cross this time
can stay long until 480 is not broken successfully
SunTV: Two bullish PatternsTwo bullish patterns are observed in SunTV.
1) Inverted head and shoulders.
2) Cup and handle pattern.
I have entered at 505, do you see a bullish rally ahead?
SUNTV, MANAGED TO BREAK THROUGH AFTER MULTIPLE ATTEMPTSAll Levels mentioned on chart.
Yesterday's SRTRANSFIN gave 9% move today. Check the chart below.
Thanks
Piyush Gupta
Lean & Earn
Setting up nicely!16 week cup n handle
shakeout done holding 50 DMA
institutional buying seen
pocket pivot along with BO
TGT - 550 - 650
