Syngene - breaking out of multi month consolidation
Syngene seems to be breaking of an 18 month long (since September 2020) consolidation phase. Apart from a brief weekly excursion As the chart shows, Syngene has managed to close above this strong resistance level with reasonable volumes generating a strong weekly buy
Buy Syngene at CMP and on declines to 630
SL 620 DCB
TGT 740 and beyond
PS: stock faces a minor resistance on the daily chart at ~670. Once this is taken out, the upward momentum will only get stronger
Buy Syngene at CMP and on declines to 630
SL 620 DCB
TGT 740 and beyond
PS: stock faces a minor resistance on the daily chart at ~670. Once this is taken out, the upward momentum will only get stronger
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