Will history Repeat?

AMIT-RAJAN의
업데이트됨
Hello mates, Sharing monthly chart of Syngene International as I observed a flag and pole breakout on this time frame after doing mega consolidation of years as mentioned on chart following with the identification of it's previous trend so now as you can see when it did years of consolidation before previous breakout and when broke that consolidation it got almost doubled from there about 90% so it is gives again a similar breakout with same pattern so I am expecting the similar target of 90% again it is not about over expecting mine view is only chart based, company also doing good sharing some financial parameters below

1- Revenue almost Grow 70% from 2019 till date from 1825 Cr to 3192 Cr.

2- Net profit almost Grow 40% from 2019 till date from 330 Cr to 465 Cr.

3- Mutual funds also increasing stake it is good sign for coming future of company.

4- Basic and Diluted Eps is also growing

5- Growing Book value


Nothing great happens overnight, just focus on making progress to get closer to your goals everyday. Just be patient and enjoy the journey without losing focus.


KINDLY NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk



𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
코멘트
MAKING NEW 52 WEEK HIGHS
코멘트
I THINK IT IS GOING TOO FOR TRADERS ALSO AFTER A BULLISH BREAKOUT
코멘트
YOU CANNOT LEARN WITHOUT MAKING MISTAKES
액티브 트레이드
YESTERDAY REPORTED A GOOD QUARTERLY RESULT TOO AND PRICE IS HEADING TOWARD TARGETS IN HIGHER HIGHS FROMATIONS ON WEEKLY AND DAILY CHART GAINED 20% SO FAR LONG WAY TO GO NOTHING ONLY I AM HOLDING THIS BREAKOUT.
스냅샷
코멘트
After published breakout it reached to 860 from 677 it was in good gains near about 25%, so now i am observing that price is hovering near about to it's breakout levels so if breakout retest will happen i will add some more position in it as a considering a fresh entry.

Retest view-:
Added retest level in this update
스냅샷
코멘트
Hello mates updating this idea after many months, So first of all i want to share that today share price reached 924 from 677 and gained 37% so far by this long trade idea and now come to technical point and that is regarding update above in which i shared a breakout retest view which was completely executed and given fresh entries as per shared above update and one more fresh technical point of view i want to share that last month candle close above a swing high resistance which price made after published breakout and still trading above and heading towards marked target zone of 1100 to 1200 levels. By this we can learn that how breakout retest and support resistance are working on charts and how we can do executions on their basis if our markings are correct and chart is responding to them properly anyways trade is going good as in wanted direction and i am happy. Thanks for reading i hope we will see targets soon so now we will meet after the target will completed, if there is something very important in between then sure i will update you all.


스냅샷
Trend Analysis
AMIT-RAJAN

면책사항