SUNTV trade ideas
SUNTV IS TRADING AT VERY MAJOR SUPPORT AT 511,BREAKING THE LEVEL OF 511 CAN DRAG UPTO 10% MORE DOWNSIDE..
SUN - WEAKSUN IS A SELL IN 15M AND DAY CHART. BUT, IT IS NOT YET IN THE HOUR CHART.
SELL AT 529 WITH STOP LOSS @ 545. HIGH LEVEL STOP LOSS BECAUSE TRADERS ARE DOING ALGO BASED SYSTEM AND MOST OF THE TIME INTRA DAY STOP LOSSES GET TRIGGERED.
TARGETS ARE 518 AND 509 IN THE COMING DAYS.
Long till trend line holds for tft of 531/534/536Higher highs for the past 2 days. Iam not a sebi registered advisors. This chart is for education only. Trade at your own risk
SUNTV bullishLevels mentioned on the chart.........Going long as close to SL possible is recommended
Regards,
Sharma Yogesh
SunTVSell below 520 with the stop loss of 524. Targets are 516, 512 and 508.
Buy above 528 with the stop loss of 524. Targets are 532, 536 and 540.
SUN TVSUN TV CHART IS BEARISH IN ALL TIME FRAMES, INCLUDING WEEKLY.
NEXT TARGET IS 505 AND 492.
SELL SIGNAL IN BEARISH ZONE IS A STRONG SELL SIGNAL. ALL THE COMPONENTS OF THE ICHIMOKU IS A CLEAR SELL.
BUY SUN TV @ 450 BASED ON ELLIOTT WAVE AND WEEKLY CHARTplease do like - if you consider this post worthwhile and to encourage the authors
sun tvstock is trading in a narrow range
break below 524 might take the stock to lower levels 500/505
SUN TV - DARK CLOUDS AHEAD?SUN TV APPEARS TO BE HIGHLY BEARISH NATURE.
CHARTS INDICATE PRICE LEVEL OF 525 AND 514 DURING THE COMING WEEKS.
BEFORE THAT THE PRICE IS EXPECTED TO MOVE UP TO 560 (AS INFORMED IN THE LAST POST).
SO, SELLING CAN BE INITIATED AT 560 LEVELS FOR TARGETS OF 525.
SUN TV - SHINE TO 560!SUN TV HAS A BUY SIGNAL IN HOURLY CHART.
CHARTS INDICATE PRICE OF 560 IN THE COMING DAYS.
SUNTV - Daily Analysis - CMP 530.55 PRZ @ 502-485 ( Good BuyinSUNTV - Daily Analysis - CMP 530.55
PRZ @ 502-485 ( Good Buying level)
SL 460( Daiy time frame candle closing basis)
Targets - 512- 540- 555- 573 - 584 - 597 - 627 - 642 - 665+
SUNTV updateAny rise is sell for suntv towards 544/21 till it holds below 596.
Regards,
Sharma Yogesh
SUNTV - Bullish Shark - 2H TFBullish Shark pattern on 2H Chart of SUNTV. BUY 525-527.
I starting learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s) & SL levels, which I'll be posting when I get proficient enough to.
2 KEY QUESTIONS TO BE ASKED IN EVERY TRADEWhenever you see a higher time frame chart you should ask 2 questions --
1) What trend is the market in ??
2)where are major levels of structure that you should be paying attention to - in that direction ?
SO in the chart i have shown above, the answers are following
1) Trend is bearish
2) Major levels of support and resistance are drawn in Horizontal blue lines
How did i draw blue Horizontal blue lines ??
Those blue horizontal lines are levels of support / reistance which has been tested atleast 3 times
So i shall now proceed to tell you the story of SUNTV
So Now what is Next in SUNTV ???
) Trend is Down
2) Horizontal blue lines are areas of Support and resistance
So unless you do not get a daily close above 650 (which is an area of resistance) - do not attempt to go long.
If you are short - keep stop loss at 650 ON DAILY CLOSING BASIS
Your target should be level of previous support - which is 450 (100 points)
Presently Escorts is trading @ 550 - SL for shorts is @ 650 (On daily closing basis)
I REPEAT - STOP LOSS IS 650 ON DAILY CLOSING BASIS
#SUNTV CASH : LOOKS GOOD ABOVE 558#SUNTV CASH
22 MAY 2019
LOOKS GOOD ABOVE 558
STOPLOSS 552
TGT 564-565/570/578
CMP 554.50
