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doublebotom

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Syndicate Bank - Double Bottom
SYNDIBANK, 1D
Long
SYNDIBANK: Syndicate Bank - Double Bottom
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After being hammered since almost a month (June 13), looks like some buying interest is coming back to PSU banks. I can see that Syndicate BankNSE:SYNDIBANK has formed a Double Bottom around 38.75 levels with a positive RSI divergence. It seems that the stock is slowly moving towards the first target of 43.85. Good opportunity for option writers here with a...

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