SUNTV trade ideas
#SUNTV CASH : LOOKS GOOD ABOVE 626.50#SUNTV CASH
18 MARCH 2019
LOOKS GOOD ABVOE 626.50
SL 620
TGT 631-632/639-640
CMP 620.45
(CLOSE ABOVE 630... BULLISH)
SunTV : Ascending Triangle Pattern SunTV has made Ascending Triangle Pattern , Look for trading opportunity on either side.
Entry : Long Abv: 630 <=> Short Blw : Yellow Trendline
Stoploss : 3% (Closing Basis)
Basic Target: 10%
Optional ways : Derivatives can used as Script is Highly volatile .
if you have any queries regarding above idea or any other stock feel free to D'M
& Do Visit us : Click Here , We have curated some of the best articles for Traders .
Note : Trading in any financial market is very risky. We post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Suntv........ Triangle pattern Triangle pattern on one hour chart. levels mentioned on chart. stoploss....break below lower trendline.
Breakouton daily chart stock is trading along with rising trend line, it is at verge of breakout. one can go long above 626 it may move towards 650 levels.
Suntv UpdateStrong above 634 for target 656/682 till it doesn't go below 603 and/or the channel is intact.
Thank you.
A study on Divergence !Price action always gives up to date information. The interpretation of price is an art and not an easy task.
Adding a method to support one’s strategy, and an analysis which has more predictive value, could be very useful.
A proper divergence is only present when the histograms indicating momentum have retraced back to the zero line.
Two subsequent lows or highs where the histograms have not returned to the zero line are not proper divergences. These are sometimes called bad divergences.
Often enough if a trader would zoom in 1-time frame a proper divergence would become noticeable there.
SUNTV Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Sun tv....... one good trade .looking to buy suntv in the buy zone & trend line support on any kind of bullish reversal . target & stoploss mentioned on the chart. this is just my view.....trade according to your risk management.
