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SYNGENE INTERNATIONAL LTD

SYNGENE is forming channel pattern

By samplespaz
SYNGENE midcap stock is forming channel pattern for a year.

Clear rejection from channel's resistance 2 days back, so entry need to be tried after strong breakout.

Pros:
  • Consistent increase in revenue & profit
  • Negligible debt
  • FII & DII increasing stake


Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.

Profits are not made from following ideas, but by following Risk Management.
channelpatterntradingMIDCAPnseindiaParallel ChannelSYNGENE
samplespaz

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