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.
SUNTV looking positional weak today given fresh down stock can move towards 480-450 sell suntv fut at 520-525 sl 540 target 500-485-465
SUN TV has reached its consolidation level, now its time for reversal. Historical Moving Average breakdown supports our view. SHORT @ CURRENT LEVEL TARGET 1 @ 480 TARGET 2 @ 450 TARGET 3 @ 425 SL @ 565
Triangle pattern breakout of Suntv network on Monthly charts. The upside appear huge first target 550
As observed on weekly chart, the price action breaks out from a consolidated down-trend channel, indicating shiftinh of dominance power on prices from bears to bulls. Now Bulls shall reach out for previous resistance levels at 550-560 levels. Target: 550 Stoploss: 480
The price action breaking out from a consolidation between trend lines or horizontal channel. I believe if the buyers manage to close prices above 500 levels then we might see a long upside move. Kindly confirm the breakout at the end of trading session to initiate trades for tomorrow. Hope you trade with care, Thanks for your support. Regards