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.
