The stock has been in an upward channel . And now it's re-attempting to push higher than earlier high of 774 and move towards levels which it achieved before 2008, that is above 800. Buying interest has been good. But be careful, the stock has already moved a lot on the upside, and might not immediately cross the earlier level; but when it does, a big...
seems very strong on charts, 773 likely and above buy with 742 sl
SunTV showing rising wedge. Could be short below 736 for journey back to 705.
Keep watch here Sell Below 734 Stoploss 739 Target 726
It is been observed that the price action moving up in a trend and now it breaks an important resistance breakout at 545 levels. Now, it shall reach further up to next resistance levels. Target: 560 Stoploss: 545
Bearish Gartley Pattern is completed. Time to go short.
Bearish Diamond Pattern on Sun TV and lead to fall upto the FIBO - 50%. Trade: Short below - 526 Target 1 - 516 Target 2 - 502 Target 3 - 489 Stop Loss - 543 Reward Points = 37 Risk Points = 17 "Happy Trading"
Symmetric Triangle on SUN TV and it may break either side but indicators like RSI, MACD & Stochastic are showing bullish sign. Let see, where its going to break ? Levels for Long: Level 1 - 505 Level 2 - 516 Level 3 - 526 Level 4 - 536 Levels for Short: Level 1 - 473 Level 2 - 465 Level 3 - 456 Level 4 - 446 "Happy Trading"
Go Long ob SUN Tv Reco Price@488.50 with SL@470 Target@516
buy suntv above 494 sl 488 tgt open
Suntv is giving a short breakout below 492.20, below 492.20 it can go to the level 481.80/474.80/456.20 if do not break the level 499 on upside.
ABCD Diamond formation on Sun TV. RSI Overbought condition and it may have correction. Trade: Short Below - 514 Target 1 - 508 Target 2 - 500 Stop Loss - 520 Reward Points - 14 Risk Points - 6
Suntv is giving a long breakout, above 465.30 it can go the level 471 if do not break 460 on downside.
SunTV is forming a bullish Bat formation on daily charts. As per this formation the stock could move to Rs 510 and stop loss @ Rs 443.
As seen Sun TV has formed a Double Bottom Pattern in the hourly chart. It has recently given a breakout with good volumes. Expected Levels 474. Double Bottom Pattern is bullish reversal pattern, made of two consecutive bottom/troughs. It indicates that the stock has reached a support level and is facing difficulty moving lower, thereby positioned for an upward move.