SYNGENE - Demand zone tapped: Ready for a move of 50%!
Trade Idea Description:
Despite weak earnings, the potential for better quarterly results could trigger a breakout.
Here’s the plan:
- Entry Point: At CMP 691
- Stop Loss: 10% below the entry around 640 on candle closing basis.
- Target: Aiming for a 50% upside, 1:5 risk-reward ratio
With minimal downside risk, this is a compelling long-trade opportunity.
- Stay updated for further insights and trade safely!
- If you have liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
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Thanks & Regards,
Anubrata Ray
Despite weak earnings, the potential for better quarterly results could trigger a breakout.
Here’s the plan:
- Entry Point: At CMP 691
- Stop Loss: 10% below the entry around 640 on candle closing basis.
- Target: Aiming for a 50% upside, 1:5 risk-reward ratio
With minimal downside risk, this is a compelling long-trade opportunity.
- Stay updated for further insights and trade safely!
- If you have liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
---
Thanks & Regards,
Anubrata Ray
Note
DAILY TIME FRAME VIEW WITH POSSIBLE ENTRIES :Note
Good going even during tough markets.✌️🧿🧿🔥🔥🔥
Anubrata Ray ⚡
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Anubrata Ray ⚡
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.