SUNTV - Swing Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Swing Trade Rating: 2.8

📊 Analysis Summary

SUNTV is a value-oriented media stock with strong fundamentals but currently weak technical momentum. It’s trading below both its 50 DMA and 200 DMA, with bearish indicators like RSI and MACD suggesting limited upside in the short term. While long-term investors may find it attractive, swing traders should be cautious.

✅ Strengths

Low P/E (13.0) vs Industry PE (23.7): Undervalued relative to peers.

High ROCE (20.4%) and ROE (15.7%): Strong operational and equity efficiency.

EPS of ₹43.2: Solid earnings base.

Dividend Yield (2.92%): Attractive for income-focused investors.

Debt-to-Equity (0.01): Virtually debt-free.

FII Buying (+0.04%): Mild foreign interest.

Book Value (₹296) < Current Price (₹574): Reasonable valuation.

⚠️ Weaknesses

RSI at 42.0: Weak momentum, close to oversold.

MACD Negative (-6.68): Bearish crossover.

Trading Below 50 DMA (₹597) and 200 DMA (₹641): Confirmed downtrend.

Volume Below Average: Current volume (1.38 lakh) vs 1-week average (1.46 lakh).

PEG Ratio (3.32): Overvalued relative to growth.

Quarterly Profit Decline (-0.34%): Flat earnings.

52w Index at 16.4%: Poor relative strength — far from yearly high.

📈 Optimal Entry Price

Buy Zone: ₹550–₹560 Near recent support — enter only if RSI rises above 45 and MACD flattens.

📉 Exit Strategy (If Already Holding)

Target Exit: ₹595–₹610 Near 50 DMA and short-term resistance.

Stop Loss: ₹540 Below recent support — exit if bearish momentum continues.

🧠 Final Thoughts

SUNTV is a fundamentally strong but technically weak swing trade candidate. Traders should wait for momentum confirmation before entering. If already holding, consider exiting near the 50 DMA unless technicals improve.

Would you like to explore other media stocks like Zee Entertainment or Network18 with stronger setups?

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