SUNTV

            SUNTV is in a downtrend since last October, 2013. Today’s close is at 337.45. it has broken many supports today. This stock is a good candidate for shorting. It has closed on a major weekly support also (Refer the weekly chart below). So ideally one can sell this stock below today’s low

which is at 334.05. Targets can be set as 325 and 315. And a closing basis Stop Loss can be maintained at 347.