Stock Name - Syngene International Limited
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 813
#This is not Buy and Sell recommendation to any one. This is for...
~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
Syngene has been a star performer in the F&O space. I personally had this position on and sold off near 750. Now it gave shakeout down to 735 and seems to be setting up again. Risks to consider if looking at the stock
Earnings coming up - should be good, but a risk always
Overall pharma sector looking good & breaking upwards which is positive
This stock...
SYNGENE INTERNATIONAL
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Double bottom Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 811+.
✅Can Go Long in this stock by placing a stop loss below 775-.
Stock Name - Syngene International Limited
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 782
#This is not Buy and Sell recommendation to any one. This is for...
green red bar revrsal at pivot level with continuous price RSI MACD divergence
3-6 and 12-26 MACD below signal line
price might drop to 50 day EMA in worst case
Breaking out of long term consolidation
Look only at the weekly and monthly charts - daily charts fairly irrelevant here
A 10-15% rally could happen if the stock gathers some momentum and get volume behind it
Best play is to buy calls ATM 600 and sell 650 calls. Otherwise buy stock / May futures
The stop will need to be at a level of 580 or when the...
The stock has broken out of a long period of consolidation.
Previously when the stock did the same, it witnessed a massive rally.
The Monthly MACD has also turned positive, so that adds conviction.
Bullish outlook remains valid as long as price sustains 650.
SYNGENE:- Stock has given breakout, after almost 2 years, if you want to plan something, then go back to 685-695, then plan something, till then keep an eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that,...
SYNGENE INTERNATIONAL's monthly three years long consolidation breakout from an all-time high. Weekly breakout with bullish. If it sustains above 712 in weekly it will reach the target 866
Consolidation at the higher level post breakout is a good sign of accumulation and provides good RR. The momentum is likely to continue above 720 daily close and sl at 685.
Breakout from long consolidation
Sector is turning bullish from bearish. During its bearish run, Syngene stood out and did not fall showing strength. In bull run this is the stock to look out.
Sl at 560 and targets are 770, 900, 1060.
This is a very good opportunity for new comers to learn market behaviour and see how price behaves in the market from inflection points.
Marked areas are inflection points for the stock.
Two types of trades possible here.
Sell at the resistance with potential sellers or wait for them being taken out and buy the strong breakout on the upside.
There are always...
Should see breakout horizontal and symmetrical Traingle with volumes.
Already volume spikes.
SL will be below that horizontal support after breakout.
Keep a tight SL.
Only trade after the Breakout.
Target maybe ATH.
That's around 1:4 RR.
