SUN TV has made smart wave 3 up-move and seems ready for wave 4 correction to minimum level of 355. It had made a zigzag retracement in wave 2 hence a flat correction is on card. Any move below 344 opens doors for move down to levels from where it started which is 225.
UPDATE - 03/01/2013
The stock continues the move above the target and may have invalidated the earlier wave count. An alternate wave count is warranted and we have reworked the counts. The following looks the most satisfying wave count. Please check it out.
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