In the Weekly Chart of SUNTV , we can see that; after Trendline breakout, it retested it properly and and now a strong Bullish momentum. more 35% upward momentum is pending till next resistance. Expected momentum is shown in chart.
SUN TV NETWORK LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Falling Wedge Pattern. ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 612+. ✅Can Go Long in this stock by placing a stop loss below 590-.
Sun TV on monthly tf it is looking good for long can give good momentum above 612
buy suntv cmp 620 with sl of 588 for target of 770. target will intact before feb24
A stock which is showing strength becuase its cheap but also a movie it produced with Rajnikanth did exceedingly well. Also as we tend to enter election cycles...Newspaper/Media stocks tend to gain extra revenues. Long above 622 with a SL below 600. (Wedge breakout)
bought suntv at 603.50 SL 599.90 Disc : It's not an investment advise to buy or sell
Suntv big bull run confirmation on technical chart on monthly time frame.
SUNTV - Harmonic technical analysis - Suntv facing resistance in weekly timeframe
In the Weekly Chart of SUNTV , we can see that, it has given Trendline breakout. Let it retest the Trendline and then enter with SL and Targets. Expected momentum is shown in chart.
SUNTV now 600 Can see good move if Monthly closing above 600 SL 545
Stock Name - Sun Tv Network Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 573 #This is not Buy and Sell recommendation to any one. This is for...
Sun TV is a very good fundamental stock that has just cleared the breakout of kab and handle which is all set to take it to 650
- Broke Long term resistance - Book profit in when price reaches supply zone
1. Break of downward trend channel 2. Retest of upper channel TL 3. Double bottom formation 4. Major trend is bullish 5. Risk to reward is very handsome
this chart is monthly charts,its longterm charts for 1 to 3 years velidation,after very long time this stock get momenttam buy only above 550 monthly cendle close confermations,my first target is 600 n longterm target is mention on this chars
Sun Tv gives breakout and retest the breakout level. good opportunity for swing trades with very small Stop Loss. 1st Target = 570 2nd Target = 610 Stop Loss = 516. NSE:SUNTV
There's a strong support around Rs 440 and from there SunTv tried to push it in up direction following uptrend. And the nearest Target visible is RS 681, and in long run it may try to break the high of RS 1080. HAPPY INVESTING Comment your thoughts and let me know of your ideas. Thank you. ^_^