SUNTV trade ideas
Reversal Trading - 50 SMA - Trendline Breakout - Risk/Reward 1:7Long Suntv above 512.75 | Stop-loss 495 | Minimum Price Target 650
Risk/Reward 1:7
Strategy - Reversal Trading
Trading System - 50 SMA
Trading Setup - Trendline Breakout
Stop-loss 495 is the Median of Breakout Candle - 2
BUY ABOVE500.90 if sustains above 500 for tgt of 505, 510.5 & 514.90 and in case breaks 490 go short.
SUNTV SHORTBased on the trend analysis .. expecting SUNTV to be further down ..
DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk
INTRADAY SETUP FOR SUN TVThe trend reversal pattern double bottom formed in 1 hour candle, expecting the stock will resemble to the major trend.
Buy above 493 target 1 - 497 ; target 2 - 499 target 3 - 502
stop loss - 487.38
This is for educational purpose only before investing please do your own research.
SUNTV : Bearish Shark 26-JAN-2020 (Positional)
SUNTV : Bearish Shark 26-JAN-2020 (Positional)
CMP: 497.75
Entry : 535-545.5
Targets : 512.50, 498.50
Stop loss: 554.60 (15 min candle closing)
Chart by : Karthikdeva
SUNTV - 1D Chart - BearishSUNTV - 1D Chart - Bearish
Observe the chart and look at trend lines how it will play the crucial role in future price action.
My View : Bearish for couple of days.
NOTE: This chart is only for educational purpose , these are not Recommendation of any kind and you will be fully responsible for your own actions
Sun TV Network Trend Analysis & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Its Buy Dips Trade.
Wait for entry setup, if available then Long/short.
R:R is 4 to 8 times.
SunTV is ready to take a U-TurnStock is trading in falling wedge and we can see clear divergence on MACD, we may see U-Turn soon.
Happy Trading!
Rachit
Suntv Long IdeaSuntv reversal made on HTF. As far as hold 442-445 zone positionaly can do 478/509. SL of 434 hrly closing basis.
Too high RR trade Possiblity.
SuntvSuntv imp zone for intraday 458-60. if sustain above 460 can touch 467/472/478.
if not able to take out this zone can touch 452/445/442
STRICTLY CONDITIONAL ( IF AND ONLY IF)SHORT IT AT 470.75 IF AND ONLY IF IT OPENS GAP UP ABOVE 470.8 FOR A MINIMUM TGT OF 458.
IF NO GAP UP AVOID TRADE.
