Reason for long a) channel breakout b) vwap support c) long term support level SL compulsory
Syngene has given a breakout of descending triangle pattern which is indicative of the beginning of a trend on the upside. Keep it on your radar!
syngene international limited all levels given in chart, trade based on ur own risk and reward with analysis.....
There is a beautiful pattern in this stock and today it has given a good BO, from CMP we can aim for 2 Targets after that according to the price action we can aim for higher levels too.
Hello and welcome to this analysis Syngene has activated a Bullish Harmonic Gartley in daily time frame today. It could bounce back to 560-570 as long as its above 531 Good risk reward set up at the current level Happy Investing
we are long syngene international cmp 575-570 maintan sl below 552 target-650++ short term risk - 25 points rewards - 80 points always respect risk to rewards
A bit late to the party! Key highlights: ⚡️ Wyckoff accumulation schematic ⚡️ Range breakout ⚡️ Bullish market structure ⚡️ Volume expansion A logical setup is to enter on the retest of range high or the previous supply zone (now a demand zone). Stoploss : 560 Target : 650, 680+. Disclaimer: This is NOT investment advice. This post is meant for learning...
Looks like there is another supply, thereby rejection at these levels. Lets see whether it will break these levels in the days to come Disc : Not a buy/sell recommendation and not holding. Just sharing a technical view.
buy at 640 level It gives good breakout of trendline And volumes also looks good Stock is in bullish trend
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Aim for 5-8%. It can be easily achievable in 1-3 days. My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2. The reason for booking profit of only 5-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities. Take trade if all...
A perfect fib retracement till 515 and then getting back, 600 is next hurdle. Big move after channel break out which might be around 625.RSI is showing strength. A small drop on monday will create good positive div.
in verge og formation of inverse head and shoulder pattern . tgt 650/700
Syngene by breaking previous swing high of 594.80 confirmed butterfly pattern. Could be bought with mentioned stoploss & targets.
Look like retracement upto 550 and make upside of 609,620 if weekly close below 550 may trend reversed.......
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed near resistance. Market is bearish, so take positions carefully.
NSE:SYNGENE The video is self-explanatory. Add this stock to your watchlist. Aim for 5-8% if it breaks the trend line as it can be easily achievable in 1-3 days. My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2. The reason for booking profit of only 4-8% is because the market direction is not sure at this point....