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.
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