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

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
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.
---
Thanks & Regards,
Anubrata Ray
Nota
Good going even during tough markets.✌️🧿🧿🔥🔥🔥Anubrata Ray ⚡
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Anubrata Ray ⚡
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.