Syngene International Volatility Compression Potential Breakout

Positional Trade: Syngene International has been been witnessing successive bouts of compressing volatility since April. With Fibonacci Ratio confirming, it is now on the cusp of coming out of the pressure zone with rising bouts of volatility.
Buy: Syngene Internaitonal
CMP: 588
Target: 620
Stop Loss: 579
Holding period: 1 Month
Beyond Technical AnalysisbreakoutSupply and DemandSupport and ResistanceSYNGENEvolatilitycontraction

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