Buy Sun TV
The Sun TV Network’s stock opened at Rs. 355.50, after the previous close of Rs. 343.65 at BSE. The stock is presently trading 6.21% up at Rs. 365.00 at the BSE.
The stock opened at Rs. 379.90, after the previous close of Rs. 344.05 at NSE. The stock is presently trading 6.23% up at Rs. 365.50 at NSE.
The stock has great potential. It can still exhibit superb surge. The long term traders are recommended to hold the stock.
However, the stock analyst, Rajat K Bose has recommended the stock for day trading. The stock analyst gives “buy call” for the stock for quick short term gains.
According to Rajat K Bose, “Buy Sun TV around the last close with a stop loss below Rs 328.75 for targets of Rs 355 and Rs 373.”
Stationed in Chennai, Tamil Nadu, India, Sun TV Network is Rs 16000-crore (4 Billion $) Indian cable television network. Founded in 1992, the Network offers a number of television channels in 4 languages covering the whole of southern India. It’s the first fully privately owned Tamil channel in India.