SUNTV - Long term Double bottom and Low Retest
SUNTV This one is a long term underperformer
usually Media stocks havent done well since last 5-7 years
They are usually in a rangebound action but has their own seasonality around elections
This stock also is influenced by same and is now retesting the Lows of 2024 and it coincides with high of 2022 - 2021. This is a make or break point
If it sustain 570 - 575 we may see rebound of a double bottom else it can slip to below 500.
keep an eye
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