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....
Stock: SYNGENE Entry 642 Trade Short term. Entry 639 Analysis: beautiful stage structure breakout with Volumes. WRBC (Wide range bullish candle)
Sygene made inverse head n shoulder pattern on hourly chart. Could b bought above 610 with mentioned sloss & tgts.
Sector: Pharmaceuticals Industry: Pharmaceuticals - Indian - Bulk Drugs & Formln 52 week High / Low: 700 / 490.50 P/E ratio of 62.16 Resistance: 634-645-662 Support: 605-588-577 Look for buying opportunities around 633 for a Target of 686 with a stop loss of 616 Upper Circuit 685.30 Lower circuit 560.70 Syngene is trading above its 9, 20 and 50 EMA mark....
double bottom formations possible breakout of rectangular pattern so will watch this price action.
higher lows and lower highs are formed. good volume accumulation supporting for more upside. #SYNGENE
CUP & HANDLE BREAKOUT. Price has broken the neckline. Good close in a weak market.
multiple times resistance tested, breakout retest done + inverted H&S pattern Disclaimer: All information shared is just for educational purposes. By no means shall we be accountable for any debits/losses amounting out of it. We are not SEBI registered Analysts, so please consult your Investment Advisor and take rational decisions.