#Syrma #Decending triangle Syrma SGS descending triangle breakout that will likely to take the stock to 324 levels
SYRMA trade ideas
all-time high breakout at SYRMAOn the #SYRMA daily chart, there is an all-time high breakout. #SyrmaSGS has outperformed the #Nifty, which is also confirmed by the Nifty/SYRMA ratio chart.
BSE: 543573
NSE : SYRMA
I compared #SYRMA vs. the #Nifty and its peers from November 23, 2022, and discovered that it has outperformed both the Nifty and its peers in the sector.
ONLY FOR #educational NOT SEBI REGISTERED #LEARNEARN
It's my analysis, and it's 100 percent possible that I'm wrong. So, please don't believe in me; do your own analysis before investing.
SYRMA - Ichimoku Bullish Breakout 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 education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
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STRMA SGS TECHNOLOGY1) Strong Weekly close - Triangle pattern breakout.
2) Next target would be it's All Time High.
SYRMA - Ichimoku Bullish Breakout 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 education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
SYRMA SGSClose above 280 will be good for the immediate target of 295-310+ zone.. sl 248 and accumulate on dips around 260..
Watchout for trendline breakoutThe stock has made a strong support zone and resistance trendline for last 7 months.
Now one can buy above 285 levels (for both intraday and swing) - swing/positional to be carried only on day closing basis. Positional target can be 307.
Learn & Earn,
Dr. Tanya Kumar
Short Syrma target 256-260bearish 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
Potential BreakOut candidate Syrma consolidation in range, watch for a potential breakout above 311, tgt can be 345/360/370
Educational purpose only
SYRMA SGSCan go long on SYRMA SGS technology ltd as the stock has given a breakout with good volumes for a target of 328
Fundamentally good stock trading at the demand zone.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.
