Syrma is a very reputed Electronics manufacturing supplier which has shown good growth in past few years. Technical analysis of chart shows bullish divergence near a strong support. If the stock crosses 500, we can see quick move towards target mentioned. A supportive broader market can also help stock make new ATH. Keep in watchlist.
NSE:SYRMA looks very good and has given a clean breakout during a weak phase in the market. Keep stop loss at 490 and go long. Syrma SGS is an EMS company and focuses on Electronics Manufacturing and is also the beneficiary of the up-move in this sector.
Stock Name - Syrma SGS Technology Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 464 #This is not Buy and Sell recommendation to any one. This is for...
Stock Name - Syrma SGS Technology Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 325 #This is not Buy and Sell recommendation to any one. This is for...
Stock Name - Syrma SGS Technology Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 316 #This is not Buy and Sell recommendation to any one. This is for...
bearish hold tighten at 45 Mint. Chart short when it pull back on 289-290 and wait for target 256-260. Invest as per your risk
Syrma SGS Technology gave a decent listing gain of 27-30% and thereafter went as high as 324 giving 78% returns. This gem has corrected to 270 zones once from where it gained 38% and currently it is back at the demand zones of 270. A Fundamentally good stock is available at nearly 50-60% less than its ATH. Can surely be accumulated for long and medium term.