Sun TV Network rises 7% and nears ₹674 resistance

Sun TV Network shares gained about 7% in morning trade on 11 November 2026 and moved close to the ₹673.95 resistance, with ₹565 as support. Sun TV Network Limited [SUNTV] gained about 7% in morning trade on 11 November 2026. The stock opened at ₹611.20, touched a high of ₹663 and traded near ₹652.30, close to its 52-week high of ₹673.95. The rally was in line with the major equity indices, which gained about 1.5% in the first half of trade. No fresh company news was found for today. The last major update was the Q2 result on 30 October: profit rose 2.8% to ₹364.59 crore, while revenue fell 27.7% to ₹940.31 crore. The stock has been in an uptrend since late September 2026, moving from near ₹450 to the ₹674 area, and has since moved sideways between ₹565 and ₹673.95. The daily RSI is at 64.45, which shows firm momentum without an overbought reading. Volume was 1.96 million shares at the time of the chart. What next: A close above ₹673.95 may lead to a fresh 52-week high. A close below ₹565 may weaken the setup. Conclusion: Trend and momentum are positive, but the stock needs a close above ₹673.95 to confirm a breakout. Until then, the ₹565 to ₹673.95 range may continue. Disclaimer: I do not hold any position in the stock discussed. This content is informational, not a recommendation. Investments in securities are subject to market risks. Read all related documents carefully before investing.