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SUN TV Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock has shown strong weakness after bearish breakout, Stock major indicator RSI has now entered in oversold, Sign of caution for bears. (Updated on 20th August 2014, Wednesday).


SUN TV




  • As per previous report published on SUN TV stock gave a sharp weakness after breaking its support @ 400 and made a low around 358 as mention in our previous report of SUN TV. (Click here to see previous report published on SUN TV).
  • Now as per graph 1 current chart, Technical indicates that stock gave a strong selling after breaking its up channel formation and stock is now facing its trend line support @ 358, this indicates as long as stock holds above 358 it will favor bulls but once stock closes and stays below 358 then bears will get active again and can see further weakness in SUN TV.
  • As per graph no2. stock major indicator "RSI" is now gone below 30 levels , this indicate SUN TV is now entered in oversold zone and its a sign of caution for bears and stock can bounce back. And as stock is now trading near support zone this indicates stock may get some pull back.
  • If stock moves up from current levels then will find strong fibonacci retracement resistance around 385, 400, 414 and 426 as shown in graph no 3.
  • Click here to see all the trading reports (tips) published by us on SUN TV (as per technical analysis point of view).
  • Tips on shares.

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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.