Syngene International Ltd: Momentum trade

Jul 4, 2020

Syngene International Ltd: Momentum trade. Volumes raising consistently. Price trending above both long and short term MA's. Levels marked on the chart. For better entry make use of VWAP (applies for shorter TF) Please be mindful of your position sizing and risk management for this trade. Happy trading

Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor

Jul 7, 2020

Trade active

Stock is on the move

Jul 13, 2020

Note

Made a intraday high of INR 475.45 on 7th July

Jul 14, 2020

Note

SL was marked in red dotted line on the chart @ 397.55, please exit if SL hits. (CMP: 422.15)

Jul 31, 2020

Note

From INR 437 on July 6th to an intraday high of INR 491.95 today. A decent 12.60% run

Aug 4, 2020

Note

Target Achieved: From 437 to an intraday high of INR 504 on 3rd August.

Aug 4, 2020

Trade closed: target reached

Target Achieved: Book profits or move the SL swing high and it's a free trade