SYNCOMF - focus penny stock lover Penny stock high risk higher reward This is my view and it may be biased, do your own analysis
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
Syncom Formulations (India) Ltd is in bullish. Small Target in Weekly chart. Target is 13 around. Trend is healthy.
Hello, fellow traders and investors! 📊 Let's delve into a thorough analysis of SYNCOMF's weekly chart, unearthing a compelling blend of a demand zone touch, evident RSI support, and the unique considerations of dealing with a micro-cap company. 📈💼 📈 Technical Insights: ✨ Demand Zone Influence: SYNCOMF's chart encounters a pivotal touch within a strategic demand...
No fundamental view. No idea as to how good or bad this company is. Only Technical view If starts to stay above 10 we may see some trending moves. SL can be kept below 8
reason for long a) Triangle breakout b) QQE long signal c) Super trend positive d) volume and price spurt e) super vwap long SL compulsory f) weekly and monthly breakout
Reason for long a) Trendline breakout b) super trend support c) weekly breakout d) QQE support Sl compulsory
Reason for long a) strong funda stock b) weekly 25 ema support c) reversal evident for long
Syncom Formulations - Multi year breakout. Forming a good base, supported with Good Volumes. *For Educational Purpose and is definitely not a recommendation ~G
I am learning Technical Analysis and this is for educational purpose.. not to be considered as Recommendation
Debt free or low debt organization Risky sector: Pharma Qty Less than 0.2% of total investment Hold for long term investment. Either it doubles or has a chance of completely wiped out; but technical charts signals the upward journey SL is minimum qty that afford to loose. Duration: 2 Years to double or triple in next 3 years.
Retested trendline on daily timeframe also huge volumes has been seen. keep holding for long term...fresh entry only after 15. Target - 50+ 4-5 Years
BSE:SYNCOMF Just for Study and Observational purpose.
Looks like a good break out from the down trending channel. Looks good to double from these levels. High risk high reward.