Syngene International Ltd: Momentum trade

Atualizado
Syngene International Ltd: Momentum trade. Volumes raising consistently. Price trending above both long and short term MA's. Levels marked on the chart. For better entry make use of VWAP (applies for shorter TF) Please be mindful of your position sizing and risk management for this trade. Happy trading

Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
Trade ativo
Stock is on the move
Nota
Made a intraday high of INR 475.45 on 7th July
Nota
SL was marked in red dotted line on the chart @ 397.55, please exit if SL hits. (CMP: 422.15)
Nota
From INR 437 on July 6th to an intraday high of INR 491.95 today. A decent 12.60% run
Nota
Target Achieved: From 437 to an intraday high of INR 504 on 3rd August.
Trade fechado: objetivo atingido
Target Achieved: Book profits or move the SL swing high and it's a free trade
Inside BarmomentumtradeMoving AveragesTrend AnalysisvolumespikeVolume

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