“BUY SUNTV ABOVE 730 TGT 760/780
SL 700”
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READ MORE TO KNOW TECHNICAL BASIS :
Primary trend of
the stock is bullish and is consolidating at the higher level . It is expected
to continue the bull run with the crossing of the resistance level of 750, as
the stock is sustaining above its 200 and 50&22 days moving averages. One
may initiate the long position above the mentioned level for the targets of 780/800
and with the strict stop loss of 1300.
Markets
settle the day flat; NIFTY ABOVE 8800
The Sensex and Nifty ended nearly flat for a second straight
session amid weak global markets, while losses in auto stocks led by Tata
Motors offset gains in energy and IT stocks. domestic sentiment turned weak as
WPI inflation for January jumped to 5.25 per cent from 3.39 per cent in the
previous month. The Sensex ended down by 12 points or 0.04 per cent at 28,339
and the Nifty closed down 12 points or 0.14 per cent at 8,792.30.