Thursday, 8 February 2018

STOCK FUTURE CALL FOR 09 FEB 2018


BUY SUNTVABOVE 975 TGT 1010/1030 SL 930


Primary trend of the SUNTV  is bullish for now and  After showing short term correction from the higher level of 1100, 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 975 as the stock is managing to trade above its 22 &55 and 200 days moving averages with the RSI of 50, one may expect the targets of 1010/1030 in the stock if it manages to sustain above the immediate strong support level of 930. strong resistance would be seen at 890. Below 930 you may expect the target of 905/880.
DAILY CHART FOR SUNTV

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