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Buy SUNTV above 690
This is daily chart of SUNTV on NSE (INDIA) with CMP @ 607.55. It seems to be a good shorting opportunity in the scrip based on following observations:
1. It is downtrend which is obvious from the chart. Counter trendline has been drawn which acts as resistance marked by arrows.
2. It is also observed that price tests EMA50 on retracement and gets rejected to ...
PLEASE CHECK ON CHART FOR ENTRY,STOPLOSS AND TARGETS....PLS LIKE IF THIS WORK FOR YOU
Sell 540 PE at 7
SHORT SUNTV BELOW 653
FOR TARGET 635/623/610
Everything mention on Chart
Looking Good targets will be revised But 730 can be Good target for Long Time
1. Neckline acting as resistance.
2. Previous resistance acting as support.
3. Volume's declined
This is a Perfect H&S.
SUNTV BOUNCE FROM SUPPORT LEVEL 602-603
ALSO SEEN RSI BULLISH DIVERGENCE ON CHART
STOCKS ARE HEADING FOR 660++ LEVELS
Enter Short in SUNTV below 600
Target - 590, 580 & 570
*Avoid if open=Low
To all wave enthusiasts -
Kindly comment whether you can consider the present upmove as an Leading Diagonal ??
SUNT TV-Long- It is Formed Double Bottom
IF It is Break Neck Line & 698 - it may Achive Target1-732 Target 2-758
For educational purposes only
WAIT AND SEE THE PRICE ACTION IT WILL BE A GOOD SHORT CAN EXCEED TARGET
WATCH CHART FOR BUY AND TARGETS
SELL CMP 627.20
COMING SOON CHECK LEVEL
INTRADAY TRADE (TRADE FOR TOMORROW | OCTOBER 26, 2018)
#SUNTV #SELL BELOW 614