Hi every one Sygene international breakout ho gaya hai you can add this stock in portfolio
Syngene has been consolidating forming the triangle pattern since several weeks now and has broken out > 615 . We will be seeing good gains in the next few weeks with a target price of 670-680
After facing resistance at 640-660 zone, NSE:SYNGENE has finally given breakout. The Company is also an Easy Earnings Comparison candidate with better visibility of June quarter results. Easy Earnings Comparison is a case where the probability of reporting bumper results in the next upcoming quarter is high. The concept of EEC is explained in the book...
The series of consolidation patterns can be an indication that the stock is gearing up for a significant move, and trading above all key moving averages can suggest a strong bullish trend. Finally, the recent all-time high breakout is a clear signal of the stock's upward momentum. Remember to always trade with caution and to carefully consider your risk...
SYNGENE looks strong 1. Tried 3 times to cross the highs as highlighted 2. This time it broke out the range with a strong bullish candle and strong RSI 3. Levels of 830++ on the cards 4. Time line 1 Month
Syngene International Ltd. C&H Pattern: Monthly Basis Price BreakOut. Need to be Watched. If Sustain, Then Good to Go!!! Vol. BreakOut & Continued BuiltUp. *With Upside, Trail SL* *Book Profit as per Risk Appetite* *Do Your Own Research as Well. This is Just an Opinion.* Happy Investing :)
Syngene is in Bullish structure, ready fr flag breakout. Keep eye
Syngene international chart breakout two and half years consolidation and triangle break out ready to hit new 52weak High Take one risk not for buy and sell just sharing knowledge
Syngene has been consolidating since July 2021 and now it seems that it has completed its consolidation.Weekly close above 630 zones can kick start journey towards 750- 800 targets. Stop weekly close below 595. Good Risk to reward set up.
as per RSI strategy showing upside movement SL 591 Target 700
Reason for long a) consolidation breakout possibility b) powered by bull indicators c) vwap support d) weekly breakout possible SL compulsory
Reason for long a) consolidation breakout possibility b) weekly breakout possibility c) Mr.14 set up SL compulsory
Reaon for long a) Mr14 set up b) monthly breakout c) Sl compulsory
Syngene broke out of rounding bottom formation pattern on 30 min TF with very good volumes. Could be bought with mentioned stoploss & target.
SYNGENE Buy for intraday trading if stock breaks the given resistance level.........
Breakout action near the previous resistance Monday volume crossed previous week volume Low of the previous bar before gap up not tested yet Recently included in FnO
Syngene has bearish wolfewave in 30 mins tiimeframe, Tarage line on chart
Only if 529 lvl is broken and closed below in 1 month time frame will be considered a down trend movement. which willl last long 6 to 9 month that the price lvl come @ 350/-