Attached is the chart of Sun TV and planted on it is my Life Time Indicator. Before discussing this chart, I have some important points to discuss with you in general. Some one has asked for the analysis of Sun TV and I appreciate it, this is the only way we can learn. Please do not hesitate to ask any question, I will try to answer all the valid questions.
1. Please do not make any fresh investment in any Indian stocks before 21st December 2023. There is a reason for that which I would like to discuss after 21st December 2023 only.
2. If you have investments in Indian Stocks and sitting into profits, please exit at the earliest and just watch the market till above date and make further investment(s) only after above date.
Now, planted is my life time indicator and you can see that it has support at Gann Circle 8 and Gann Circle 10 is the resistance. We may discuss the chart only after above date, but so far no fresh investment.