SUNTV - Cup n Handle breakout - 10% upside potentialSUNTV seems to have given cup n handle pattern breakout at 545-550 levels.
Target is coming to around 600
SL: Hrly candle close below 550.
View: 1-2 wks
SUNTV trade ideas
suntvbuy place suntv @ 533 if its fall again buy @ 523 with sl of 500 for 580 and 610+++++ each time 100shares
SUN TV - MARK MINERVINI VCP CONTRACTION PATTERNSUN TV NETWORK :
Volatility contracting with every cup formation on the chart. Downward Wedge formation in the last cup with nice price action in last 4 days , looks like this stock is breaking out.
Keep Track !!!!!
Sun tv ready for big moveSun tv ready for big move. Trend line has broken and chance of going higher is more
SUN TV | Keep an eye on it > SUN TV
> Can give breakout
> Keep an eye for a target of 600
> Good stock
Sun TV - anticipating upmove1. Taking support at Upward Trend line.
2. Volume & Range expansion in buying in the last 3 months.
3.Already broke 535 resistance level on 7th Oct & now retracing.
4. Taking support at Fib 50 level now.
5. Anticipating an upmove.
SUN TVINTRADAY TRADE - ANALYSIS OF SUN TV NETWORK
Stock has run up fast in a narrow channel. Facing resistance at 543 levels.
In Case price sustains above 543 levels after 9.45 AM.
Then a trade can be taken with around 538 (Todays Closing) as stop loss.
Other way round if price does not sustain above 543 levels
then the same stock can be shorted as well. Do check the
nifty whether going up or down as well.
This is no buy or sell recommendation , just analysis.
Please note the probability is higher that it will go up , so u can only trade on the upside.
Experienced traders can do the down side trade as well.
Buy Today, Sell Tomorrow: SUNTVDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in SUNTV
Buy Today, Sell Tomorrow: SUNTV
SUNTV LONG VIEWHi Everyone,
This is the daily chart of SunTv
The price has already given breakout with lots of selling pressure
Then retested the breakout levels and forming higher high and higher lows.
Entry can be done around
480 - 500 levels
Sl below the the supports
470
Targets
520
530
550
Sun Tv Network: a probable long tradeSun Tv Network Ltd #suntv looks promising both technically and fundamentally (EPS, PE ratio, capital expansion, low debt).
Can accumulate in dips till 450
or
Enter post 540 with 450 as SL.
Target 600, 648 and beyond.
SUNTV Long setupSUNTV Can go long at 525 with stop loss of 480 for the target of 570 & 615 & 660.
Disclaimer - If anyone make any position at F&O based on this view should solely responsible for the outcome of that trade.
SUNTV Suntv cmp 518 ent abv 542 tg 555/579/612 ignore below 518 just education purpose only not buy or sell recommendation
Suntv - Recession ProofIf the world is forecasting a recession and we are looking for recession proof businesses SunTV would be one such business.
Its a dominant player in South India with TV channels, OTT, Internet etc and Southern movies which are currently a greater rage than any other industry in India. The company has great cash on hand.
The promoters have historically been poor with minority shareholders so thats a caution.
The stock has finally crossed above the 200WEMA...
Long above 545 where it breaks above the diagonal trendline. Can doubleup above 610..
SunTV for Short tradeSunTv showing reversal from resistance, my view to short with SL above the trend line for 1:2 RR.
SUN TVToday I am expecting a short term trade in sun tv. The following factors tends me to take out this trade.
1. Trendline breakout
2. Positive OI builtup
3. Increasing Volumes.
I am expecting a profit of 20 points from this trade and I would like to keep a SL at below trend line closing.
Please consider this idea for educational purpose.
#SUNTVMultiple No overlap on daily charts
Momentum arrives in the timeframe D and W
Enters Q1 RRG
Evaluated Long
Double Bottom pattern in SUNTVDiscription:
Stock Name: SUNTV
Chart Pattern: Double Bottom pattern
Time Frame: 1 Hour
Entry: Breakout entry above 510+
Target : final target 526+
SUNTVSUNTV can be traded on levels mentioned in chart , if market sentiments are positive Avoiding Buying is not recommended
