SUNTV trade ideas
SUN TV IS LONG FOR A MINIMUM OF 475please check my wave counts and correct me if i am wrong
Do appreciate by clicking like , if you agree with my Idea
Simple & Easy Current move is weak to down ward side , one can wait for daily strong close for entry
The move is part of 3 wave internal correction of 4th wave which is projected as (a) , (b) , ( c) , once it completes its 4th wave this will high likely
move down once more move which we can consider as final and 5th move towards this bearish momentum
SUNTV SUPPORT AND RESISTANCESunTV is trading at a very important level of 440 and any breakout downside could easily lead to levels of 400 and further to 384, Upper Band Resistance is placed at 460 above which bulls will gain some strength and can take it to higher levels, but current market trend shows the trend as down. Trade safely and consult your financial advisor before trading.
SUN TVSUN TV HAS A SELL SIGNAL IN THE HOUR CHART AND IN BEARISH ZONE.
SELL FOR TARGET OF 441 IN THE COMING DAYS.
AND, AS PER MY LAST POST 391 SEEMS TO BE TARGET IN THE COMING WEEKS.
SUNTVOn the daily chart stock price has formed "DOUBLE BOTTOM" pattern and has given breakout on closing basis
* This breakout is accompanied with increase in volume which supports bullish sentiments ahead
* The daily and weekly strength indicator RSI and the momentum indicator Stochastic both are in positive territory which supports upside momentum to continue in near term.
* Stock price has given positive crossover from its 20 day SMA which indicates positive bias.
* The above analysis indicate an upside of 510 - 520.50 invalid close below 471. #Findyourtrade
#SUNTV CASH : LOOKS GOOD ABOVE 501#SUNTV CASH
28 JULY 2019
LOOKS GOOD ABOVE 501
STOPLOSS 493
TARGET 509/518/528
CMP 491.05
suntv short term ideaLooks double bottom on daily chart
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Long near 485
SL 468
deep SL below 450
Targets 510, 525, 545, 570
Bullish BatBullish Bat
PRZ FOR BUY 430.5 to 425, For -465, 485
SL-360
CMP 482.25@07/07/19
Chart By: Mehanathan.D
sun tv weekly analysissun tv in demand zone in weekly chart+ formation of bullish bat seen
good buying range 440-460
sl 430
LongOne can look for Buying on reversal daily time frame , its done with tis previous move
Now I am looking for an reversal for Next Upside move
This trade would be positional both Futures & Cash
SunTV, Earlier Resistance can work as SupportSunTv time to find the direction, Breaking Support can take it further down.
