SYNGENE is forming channel pattern

9 Kas 2022

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.