SUNTV : Reversal from Golden Retracement Zone SUN TV Network
Wave Analysis:
Prices have corrected to the golden retracement zone (712-698 INR), a strong potential reversal area.
The stock recently saw a CHOCH (Change of Character) near 768 INR, indicating bearish rejection at higher levels.
Key Observations:
Liquidity Zone: Prior liquidity was swept between 712-698 INR, signaling accumulation.
Active Buy Zone: 719-735 INR remains a key accumulation area for buyers.
Trading Plan:
Entry:
Primary entry between 719-735 INR.
Secondary entry near 712 INR for deeper retracement.
Stop-Loss: Place stop-loss below 690 INR.
Target Levels:
First target: 830 INR (minor resistance).
Final target: 871-894 INR (completion of Wave C correction).
Indicators to Monitor:
Watch for bullish price action near 719-735 INR.
ChOCH breakout for early entry signals.
Disclaimer: This analysis is for educational purposes only. I am not a SEBI-registered analyst. Please do your own research or consult a financial advisor before trading.
SUNTV
#SUN/USDT#SUN
The price is moving in a descending channel on the 1-day frame and is holding it very well and is about to break out to the upside
We have a bounce from the lower limit of the channel at 0.01600
We have a bearish trend of the RSI that is about to break out which supports the upside
We have a trend to stabilize above the 100 moving average
Entry price 0.01750
First target 0.02680
Second target 0.03337
Third target 0.04370
SUN TV HAS BROKEN THE RESISTANCE!Please remember the following information:
SUN TV has broken the resistance level of 829 on an hourly timeframe.
Entry: 829-833
Stop Loss: 815
Target Range: 860-865
Important Note: Sun TV Network's consolidated net profit for the quarter ended June has dropped by 6% to Rs 546 crore due to a decrease in revenue and an increase in expenses. EBITDA for the quarter was up by 10% to Rs 706 crore. Therefore, be cautious if you are considering buying the stock or taking a long position.
#HATHWAY 20 Tgt 26 SL 18 (33%+) Buy Recommended - Rachit SethiaHATHWAY 20
TARGET 26++
SL 18
Return 33%++
RR > 3.7
TF < 8Months
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
SUNTV GETTING READY FOR BIGSUNTV
Based on Monthly Chart.
Next Immediate Target 660 -700±
It is in the formation of W Pattern & Price moving in the Uptrend Channel.
If Monthly Closing above 710+ in this month or If it is Closing above the marked trendline resistance in monthly Chart, then it will Open the Door for 4 Digit Target of 1097± & 1040±
NOTE : Shared my View based on Chart. It is for EDUCATIONAL PURPOSE ONLY NOT A RECOMENDATION. Do Your ANALYSIS From your side too before entering the Trade.
Sun TV may ShineSun TV Network Ltd. is one of the largest media conglomerate in India. It consists of 33 television channels in 6 different languages, 69 FM radio stations, 3 daily newspapers, 6 magazines and an IPL franchise. It is also one of the largest DTH (Direct To Home Satellite TV service) service provider in India having more than 16+ million subscribers.
Sun TV Network Ltd CMP is 459.85. Negative aspects of the company is MFs are decreasing stake. Positive aspects of the company are improving annual net profits, improving cash from operations annual, no debt, zero promoter pledge & FIIs are increasing stake.
Entry after closing above 465. Targets in the stock will be 478 & 500. Long term target in the stock will be 520 & 544. Stop loss in the stock should be maintained at closing below 439.
SUN TV Positional Buy IdeaNSE:SUNTV has been sustained above level of 435 which was previous weekly resistance.
It is best time to take buy positional entry at level of 442-444 with stop loss of 415 (-27 Points)
My expected upside target will be 466 (+24) & 505 (+63).
Note: This is my personal analysis, only to learn stock market behavior. Thanks
#RADIOCITY #SUNTV #ZEEL #SAREGAMA #PVR #DISHTV #TV18BRDCST #NDTV
#RADIOCITY
NSE:RADIOCITY
CMP: 24
TP: 29
SL: 22
TF: <6m
RR > 2 times
Return 20%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
SUNTV1!27-11
Daily chart of SUNTV1!
A clear breakdown of the manual bullish trend and 200 EMA.
Candles close to the support at 486.00 followed by a support at 475.
RSI shows signs of a bullish reversal.
Can buy when candles breach 200 EMA with strength or can go short if the support at 475 is broken with strength.
Sun TV - Major BreakoutSun TV clearly follow the 3-driver pattern. And currently the price has reached the Target 1 and after the breakout today at 570Rs, it moved rapidly to 590 and inching closer to the next target. And we have good lineups for Sun Network, it is possible to reach the second target or even the third target in the coming days.