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#SANOFI finding support and getting ready for upmove. Details in chart.
Sanofi India has broke its resistence levels .First Possible Targets 8900-8950. Sl 8240 on daily closing basis.
Buy sanofi above 8425 Stoploss 8330
Reverse Cup and Handle with reasonable volumes on rise. Target 1 is 8590 target 2 is 8880. Stop loss at 8050. Not a recommendation for anyone. For my own record only. :)
Buy Sanofi India above 8400 with stoploss of 8100 .Target is 8980 Study: Forming Inverse Head & Shoulder Pattern...Breakout above 8400
The stock price is taking support over the Trendline for 3-4 times, accumulation & a U-shape recovery is observed. The price has given a double confirmation by crossing the short term Trendline. Can easily go for 5+% reward in a short span.
Price action suggests a breakout above long congestion area. Buy around CMP with SL as 8500 closing basis. Target around 9700. Disclaimer: Ideas for educational purpose.
Go long for the target of (8875-8935) / (9315-9375) with the support of (8000-8045)
Sanofi scaled new highs pretty quickly after pandemic crash however it couldn't gain further. price has been contracting since. volume has gone down, constructive. i will be buying only if there is a breakout with good volume