Wednesday, 22 November 2017

KEEP AN EYE ON SUNTV ON 22 NOV 2017


BUY SUNTVABOVE 875 TGT 885/895 SL 850


Primary trend of the SUNTV  is bullish for now and  After showing short term correction from the higher level, now stock is trading in short-term recovery phase, it is 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 875 as the stock is managing to trade above its 22 &55 and 200 days moving averages with the RSI of 60, one may expect the targets of 885/895 in the stock if it manages to sustain above the immediate strong support level of 850. strong resistance would be seen at 890.
DAILY CHART FOR SUNTV

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