Syngene International Ltd. has confirmed a breakout above the entry zone, offering a potential swing trade setup.
Here’s the trade plan:
Entry Price: 897.90 (Confirmed after the 15-minute candle broke above the entry zone at 895)
Target: 1027.90
Stop Loss: 828.65 (Stop loss will be triggered if a daily candle closes below this level)
With the entry price confirmed at 897.90, the setup offers a favorable risk-to-reward ratio. The stock is targeting a move toward 1027.90, with a well-defined stop loss at 828.65 to manage risk.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.