rk10

Syngene - Could bottom out

NSE:SYNGENE   SYNGENE INTERNATIO
Had in the past shared that the stock was weak and would gravitate towards the 200EMA which is the Red Line. The stock is now very close to that line and would make for a good risk/reward buy esp if it bounces.
Long on any bounce with a SL below 510 for short term traders and 490 for positional traders.

Fundamentally a great company which will keep growing from strength to strength in the long term.

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