SUNTV is in a breakout mode. Even though
it has closed at Rs. 408.60 /- today, with a red bar and still is in an uptrend.
Even though NIFTY is on all time high, as we always mention to try and trade a breakout,
one may trade even this and
initiate a long position. The long targets can be
set at Rs. 416 /- and Rs. 423 /-. A strict Stop Loss can be maintained at Rs.
399 /-.
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