SUNTV looks brightSuntv looks to be a good trade idea.
Stock has given good breakout and move today.
Have taken a long position at 634 around.
SUNTV trade ideas
[Turtle] Suntv Straddle BetSell Suntv 660CE at 16.75
Sell Suntv 660PE at 13.3
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction.
Principle: Unless it triggers, like, Don't buy unless the price breaks the specified 'Buy' level.
Trading Shorthands
Positional: Suitable for holding positions with expected minimal sharp volatility. Assessment based on upcoming events and various factors.
Intraday: Positions must be closed by the end of the day.
Theta, Bounce, 3BB, Entropy, Turtle: My unique trading systems.
Personal Trading Approach
I do not strictly adhere to rules. If a trade seems unfavorable, I might take a contrary position or extend an intraday trade. Follow the systems I share, not my actions.
Risk Management
Stop Loss for Intraday Trades: Typically at the Day's High.
Stop Loss for Positional Trades: Generally at the level of previous swings.
I often manage risk through options in derivative trading, instead of a traditional stop loss.
SUNTV looks good for SWING NSE:SUNTV Levels for SWING
Wizard Levels/Zones
>Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below, SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT.
> If you're following these zones then kindly follow the rules too. Risk management, and Position sizing.
> This is my perception of the market so, kindly do your analysis to get more clarity on the market.
> These levels might help you guys. As per my view, I'm sharing it with you guys.
> This is not a blueprint to happen, so kindly do your own analysis and my view. Thank you for your SUPPORT
#SUNTV monthly BO of multiyearMonthly BO of sun tv it show gud move from here if your study permit then you buy this.
"SUN TV: Charting the Long-Term Path"Sharing My Perspective on SUN TV!
📈 Price: $661.80 📈
📆 Time Frame: Monthly 📆
🔍 Entry Insight: Check the chart 📊
SUN TV, a leading stock in the entertainment industry, is our ticket to long-term investing happiness. Why? Well, it's all in the charts. 📈
Why it's intriguing:
1️⃣ Impressive Track Record 📺
2️⃣ Monthly Momentum 📈
3️⃣ Vision for the Future 👁️
4️⃣ The Chart Holds Clues! 🧐
Remember, this is just my perspective. Your investment decisions should align with your interests. 🤝💰🌞 #SUNTV #InvestResponsibly
[Turtle] Suntv Trading PlanMy view is it will not go up.
Sold Suntv 660CE
It is based on Maxpain deviation model i.e. maxpain is deviating a lot.
If my stop loss is hit, I will just buy the futures.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Sun Tv - Weekly Harmonics patternIn weekly time frame,
=>XB around 0.786 and AC>1 which indicates extreme shark pattern
=> We can expect a prize reversal around 1.272 level.
Important Resistance Breakout (Weekly TF) - SUNTVPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis)
Please consider these ideas for educational purposes.
SUNTV GETTING READY FOR BIGSUNTV
Based on Monthly Chart.
Next Immediate Target 660 -700±
It is in the formation of W Pattern & Price moving in the Uptrend Channel.
If Monthly Closing above 710+ in this month or If it is Closing above the marked trendline resistance in monthly Chart, then it will Open the Door for 4 Digit Target of 1097± & 1040±
NOTE : Shared my View based on Chart. It is for EDUCATIONAL PURPOSE ONLY NOT A RECOMENDATION. Do Your ANALYSIS From your side too before entering the Trade.
INVERTED HEAD AND SHOULDER IN SUNTVInverted head and shoulder pattern has been formed on SUNTV breakout has been done with decent volumes wait for confirmation before taking any long position.
Target - 570
SUNTVSun TV Network Ltd. provides television broadcasting services. The firm engages in the business of Broadcasting of General Entertainment, News Television Channels and FM Radio Channels. It operates through the Broadcasting segment. The company was founded by Kalanithi Maran on December 18, 1985 and is headquartered in Chennai, India.
SUNTV DAILY CHARTSUNTV DAILY CHART
Cmp 463 Breakout @ 468 Target 524
This stock is likely to breakout of its swing highs.
Time to keep an eye.
Its only an observation & not any suggestion.
long 465Looking bullish at support level with minimum sl go for long risk reward ratio is 1:5 with sl 440 and target 465 NSE:SUNTV
SunTv Simple Analysis BullishNSE:SUNTV has vigorously dropped in the past and at the end of the drop it has created a Bullish Falling Wedge, this should ideally take the price up.
My expectation is this will go up to 1000 in a couple of years.
So, on every dip, one should think of buying and holding.
Sun TV may ShineSun TV Network Ltd. is one of the largest media conglomerate in India. It consists of 33 television channels in 6 different languages, 69 FM radio stations, 3 daily newspapers, 6 magazines and an IPL franchise. It is also one of the largest DTH (Direct To Home Satellite TV service) service provider in India having more than 16+ million subscribers.
Sun TV Network Ltd CMP is 459.85. Negative aspects of the company is MFs are decreasing stake. Positive aspects of the company are improving annual net profits, improving cash from operations annual, no debt, zero promoter pledge & FIIs are increasing stake.
Entry after closing above 465. Targets in the stock will be 478 & 500. Long term target in the stock will be 520 & 544. Stop loss in the stock should be maintained at closing below 439.
SUN TV Positional Buy IdeaNSE:SUNTV has been sustained above level of 435 which was previous weekly resistance.
It is best time to take buy positional entry at level of 442-444 with stop loss of 415 (-27 Points)
My expected upside target will be 466 (+24) & 505 (+63).
Note: This is my personal analysis, only to learn stock market behavior. Thanks
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.
