Sun TV - LONG - Positional - Aggressive Trade based on SRSun TV is strongly Bullish.
Time Frame 4-6 months and a Risk-Reward Ratio of 1:2.5
We are to enter at 490 levels;
Target is 648
Stop-Loss is 425
SUNTV trade ideas
SunTv - Technical Analysis - 30min ChartAs per 30min Chart
First it will go 500 to 510 (correction side second wave)
then sun tv come down to 460 (correction side third wave )
#suntv might slide further downSuntv might fall further towards 472/61/58 if sustains below 483.
Regards
SUNTV forming W on the daily timeframeSUNTV forming W on the daily timeframe at 500 psychological as well previous resistance zone. Can we see a down move from here?
SUN TV at very important resistance level Multiple patterns at very strong resistance level. Gave a trendline BO, also forming a round bottom pattern and testing strong resistance level now. Can move good if cross this resistance and sustains. For educational purpose.
SunTV - Time to DuskSunTV - shining bright even after having formed -ve divergence/s for a while now. It's time to dusk.
With a sell below 464 and SL @ 476, we could see the Sun setting to 450, 435 and 420.
PS: this would also make a good hedge along with my other long call on KotakBank.
SUNTV : make or break point on 1hr/2hr/1DDisclaimer: This is only for educational purpose.
SunTv near crucial resistance zone. if break it can head towards 550+ zone, whereas RSI shows a long bearish divergence. We can see a small correction before or after breakout or consolidation before a significant move.
SUNTVAll level mentioned on chart.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. If you check all previous charts, you will understand how beautiful price action trading is and how one can become independent trader by following some simple rules.
Reach out if you wish to learn powerful technical analysis based on simple price action.
Thanks
Learn&Earn
Suntv - Double BottomSuntv broken neckline of double bottom with volume and rsi above 60 on daily TF. Targets on chart...
For any reversal base needs to be strong #NimblrTASUNTV must clear 513 level successfully for next hurdle 650 SL is 405. Ladders as marked.
(Positional) Buy SunTVTrade Setup: Stock has made a base around 410-430 levels and now showing signs of upward movement with volume on daily charts.
Buy Zone: 435-440
SL: 400 on closing basis
Target: Target1=465, Target2=508 Target 3=550
Imp:
1. Trading requires more than technical analysis . e.g. Risk Management, trade management, psychology etc.
2. Always follow stop loss.
3. Once a trade is in your direction (say) 2-3%, never let it go in a loss.
4. Simply follow rules. Nothing else..
Disclaimer: This is for demonstration and educational purpose only.
