Sun TV on weekly chart seems to be in ‘Wave III’ that could extend to ATH (all time high) of 1100 also completing the Cup (of C&H) as seen in the chart.
‘Wave IV’ could correct to around 800-850 levels and then ‘Wave V’ to head towards 1300 (over 60% rise from current level of 800) also completing the Handle (of C&H). This is all part of a larger Wave 3 that began in Mar 2020.
This is not a trade recommendation. Please do your own due diligence. Please also note the above price levels have been attained through various assumptions and need timely interventions when in trade.
‘Wave IV’ could correct to around 800-850 levels and then ‘Wave V’ to head towards 1300 (over 60% rise from current level of 800) also completing the Handle (of C&H). This is all part of a larger Wave 3 that began in Mar 2020.
This is not a trade recommendation. Please do your own due diligence. Please also note the above price levels have been attained through various assumptions and need timely interventions when in trade.
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