Syndicate Bank Ltd. CMP— RS 122.50
Technical Outlook & Trading Strategy:-
The share price of Syndicate Bank has registered a break-out from its Inverted Head & Shoulders pattern.This is a bullish formation and the measuring implication suggests towards a strong possibility of the share price heading to the targets of RS 127/ RS 129 in the near future.
We recommend a buy at current price with stop loss placed below RS 118.30 for the aforementioned targets.
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