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Technical Analysis of Sun TV Network Ltd

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Technical Analysis of Sun TV Network Ltd :

Technical Analysis of NSE SUNTV

SUN TV NETWORK: Technical looks that the major trend is bullish, but in recent short-term trend is bearish, price recently break short-term support level of 52 weeks, which is at 654, 2 year low at 433. Next support level will be at 482, and now short-term resistance will be at 654, PE will be 20 and price looks very attractive,  PEER comparison will be also attractive.

Technical Analysis of NSE SUNTVTechnical Analysis of NSE SUNTV Technical Analysis of NSE SUNTV

ADVICE: 

FOR SHORT TERM: SELL FOR 3 TO 6 Month

FOR LONG TERM: BUY FROM ZONE OF 450,

 

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