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sandeepbalachandran

SunTV Network [Weekly]

SUN TV NETWORK LTD (NSE:SUNTV)  
sandeepbalachandran  
NSE:SUNTV   SUN TV NETWORK LTD
Trend Analysis Support and Resistance Supply and Demand breakouttrading swingtrading stockmarketanalysis
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trendanalysis supportandresistance supplyanddemand breakouttrading swingtrading stockmarketanalysis
Unless I see this bouncing back with a strong bullish candle I would stay away from this stock. The month looks exceptionally weak and the falling StocRSI and MACD signals aren't convincing enough to even invest in this stock at support.
Wait and see how the stock reacts once it reaches the demand zone. If it breaks the demand zone, it will be time to pack this stock away for a good 2+ months.

Happy Trading!

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