SYNGENE - Demand zone tapped: Ready for a move of 50%!

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Trade Idea Description:

Despite weak earnings, the potential for better quarterly results could trigger a breakout.

Here’s the plan:

- Entry Point: At CMP 691
- Stop Loss: 10% below the entry around 640 on candle closing basis.
- Target: Aiming for a 50% upside, 1:5 risk-reward ratio

With minimal downside risk, this is a compelling long-trade opportunity.

- Stay updated for further insights and trade safely!
- If you have liked the analysis, don't forget to leave a comment and boost the post. Happy trading!

Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.

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Thanks & Regards,
Anubrata Ray

١٢ يونيو ٢٠٢٤

ملاحظة

DAILY TIME FRAME VIEW WITH POSSIBLE ENTRIES :

١١ أغسطس ٢٠٢٤

ملاحظة

Good going even during tough markets.✌️🧿🧿🔥🔥🔥