BUY : SUN TV…..Short covering on card


Last close 780

Stock was dampened by short sellers since last few trading session. Only yesterday…..At lower levels buying was witness in this counter & stock manages to close firm. Now our reading of technical pattern indicates that this stock will witness huge short covering during opening hours today itself. We recommend buying at the opening bell. The only level to watch on the lower side is Rs.761. Day traders….Just grab this stock for intraday target of Rs.800, Cross over with volume will take this to Rs.816 mark..!!!