BULLISH SETUP IN SUNTVA HIGH PROBABILITY INVESTMENT OPPORTUNITY IN SUNTV WITH RISK :REWARD RATIO OF 1:2.6(HEAD AND SHOULDER FORMATION, TRENDLINE BREAKOUT AND MAJOR RESISTANCE BREAKOUT WITH ABOVE AVERAGE VOLUME.)
SUNTV trade ideas
SunTV - Intraday Setup Sun Tv CMP - 532.30
Looking bearish in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Sell at or Below 529 / Stop Loss 536
Target 1 - 524
Target 2 - 520
Target 3 - 515
Disclaimer: This is my view and for educational purpose only.
resistance bullish reakout we missed the triangle breakout , volumes risen , price took support of earlier breakout (trendline of triangle) we have seen poor selling while falling, price is above 200 MA.
SUNTV Daily Bullish Bat
Red Trend line is where EXIT before SL hits
price need to follow Green Trend line & hit target
POTENTIAL BUY
SUNTV MONTHLY Bullish SHARK
If price Breaks Red Trend line is where EXIT before SL hits
price need to follow Green Trend line & hit target
POTENTIAL BUY
SUNTV Pattern FormationSUNTV can break the pattern soon. Avoid going short before the trendline support is broken.
Sun TV (Buy)Posted on 23.12.2020
Sun TV
Currently Trading-488.10
Target 1-496.35
Target 2-506.30
Target 3-517.50
Reason
Stock close over above Exponential Moving Average.
Sun TV - Classic Stan Weinstein Break Out in ProgressSun TV - Looks like a classic Stan Weinstein Break out in Progress. I will wait for it to cross comfortable and be above 520 in this month to go for it. Will wait. No Hurry. Longer consolidation and then a breakout will add more comfort.
DISC: I am not a SEBI Registered. I post charts for my own study.
Sun TV - Waiting to be amongst the Stars?Sun TV once again attempting to break out of the barrier around Rs. 500 mark. This time around it has very good volumes reaching the barrier and RSI seems supportive as well. A close above 520 will truly take it amongst the stars!
It seems as if some one needs to sing the old Bollywood song to Sun TV, "Aao Huzoor Tumko Sitaaron Mein Le Chaloon"!
SUNTVSUNTV - Analysis
These idea's are not my recommendation. Do your own analysis before making any trade based on this idea.
SunTV at breakoutSunTV is already at breakout... only left out sector is Media setting up for rally after big consolidation...
came back from RSI 30 level and respected 40 level...
crossed 20 day Moving Average...
SUNTV UPCOMING MOVE UPSIDE TILL-500-600SUNTV IF HOLD 395 ABV THEN WE CAN SEE UPSIDE 500-600 WITHIN 31-DEC-2020
