SUNTV trade ideas
SUN TV NETWORKHello & welcome to this analysis
On the hourly time frame after giving a Hidden Bullish RSI divergence it is now giving an Inverse Head & Shoulder breakout that could take the stock to 450-460 as long as it stays above 425.
Good risk reward set up at the current juncture.
Sun tvSun Tv
PROS
Company is almost debt free.
Stock is providing a good dividend yield of 3.13%.
Company has been maintaining a healthy dividend payout of 39.0%
CONS
The company has delivered a poor sales growth of 6.26% over past five years.
Bullish + Trend line support.Bullish + Trend line support.
But wait until a green candle closing is above the trend line.
Bullish
MTM : 442
Target: 466
SL: 425
Trendline breakoutSuntv expected to break trendline breaking above good entry for given targets with below level as stop loss.
let's see...
Sun TVStock is under parallel channel since 1 month. Can be played for a swing upto and beyond 535+ levels.
CMP: 504
SL: Two successive daily closing below parallel channel.
SUNTV Context - Demand re-emerged near 400 in Jul'22Has stayed below 600 for 3 years
Plan ahead => could consider to Buy above 600
and/ or Rejections near 400
PB 2x
PE 11x
ROCE 29%
DivYld 3%
SUNTV - Demand re-emerged near 400 in Jul'22Has stayed below 600 for 3 years
Plan ahead => could consider to Buy above 600
and/ or Rejections near 400
PB 2x
PE 11x
ROCE 29%
DivYld 3%
SUNTV INTRADAYSuntv make ltbt setup on shorter time frame
wait trigger in 5mins
All levels shared for educational purpose only.we are not Sebi registered
Sun Tv ka sun bright hai.Sun Tv monthly chart looking good, if monthly closed above 600 then stock may hit 800.. let's see how its work...or not.
SUNTV still on pre-Cov levels : 25% TargetSUNTV is still on precovid levels despite consistent net profit and revenue growth, Can be a good candidate for 25% Gains.
SunTVCup.
Prior uptrend from 486 to 545
65 minutes timeframe
base of cup has low volume.
Means selling ha dried.
Again on left side of cup volume increase.
Pivot is 551
Cup height is approx 550-520 = 30 rs.
So 5% move is possible on breakout.
I am watching only.
Not entering
SUNTV Good Fundamentals + ChartSUNTV Good Fundamentals + Dividend + Chart, Good for 6-7 Months Horizon
Suntv - BullishIts almost ready to break Triple Top
RRG data shows NSE Media Sector is about give a good bull run after
Break and consolidation after 540 will take the stock back to 700 levels soon
Suntv Stock Trading idea - Trade setup - 12-September-2022520-530 levels are pretty important for SunTV. It has been beaten multiple times at this level. I would be interested only if i see a close above this level. The target would be 555-560 levels.
SUNTVSuntv trying to break out from iits 3 months of range trading, it failed thrice in 3 months to sustain above it. Lets see if it trades above 453 & sustains ..
then could be bought with stoploss of 440 & targets of 475/500 in very short period of time.
SUNTVSuntv breaking oout of 10 days of trading range breakout with good volumes.
Could be bought with mentioned stoploss & targets.
SUNTV long tradeSUNTV Inside candle breakout near Demand Zone, makes it an attractive buy candidate around 437 with SL of 404 for target of 470,499
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SUNTVSuntv made harmonic pattern on daily charts with okayish volumes.
Could be bought with mentioned stoploss & targets.
