BUY SYNDICATE BANK WITH STOPLOSS BELOW TRENDLINE SUPPORT.
IF BREACHES RED LINE SUPPORT MIGHT FIND SUPPORT AT 40 LEVELS(BLUE LINE SUPPORT).
60 IS A CRUCIAL LEVEL SHUD CLOSE ABOVE 60 LEVELS FOR UPMOVE.
This price action is trending up with good volumes and now breaking out from downward trendline. It can also be said as a short term trend change. It is good time to cover shorts and buy long positions in this one with first target to Fibs of 61.8 at 77-78 and stoploss of 73