Continue to hold CEATLTD buy call given in our last post
BUY SUNTV ABOVE 715 TGT 730/740 SL 700
FOR
LIVE TRADING LEVELS WHATS UP ME
ON 09039542248
Primary trend of the SUNTV is bearish and now stock is trading in short term
recovery phase, it is likely to continue the upside move in near term with the
crossing of the resistance level of 720 at 200 EMA. Then it will forming
continuation pattern in short term charts, it is likely to continue the
positive movement with the breakout of the pattern at the levels of 720 ; Then Overall
trend of the stock is bullish. If the stock is managing to trade above its 200
days moving averages with the RSI of 40, one may expect the targets of 730/750
in the stock if it manages to sustain above the immediate support level of 700.
200 EMA can see as a strong resistance at 720. it is likely to experience fresh
buying with the crossing of 200 EMA , where one may keep the targets of 750,760
in the stock with the stop loss of 700.
DAILY CHART FOR SUNTV:
I have 2 lot of nifty 9800 call @109 , so what be market on Monday.
ReplyDeleteOverall market is in uptrend, and nifty 9800 call it running at 122-125. you can book partial profit here
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