Thursday, March 8, 2018

STOCK FUTURE CALL FOR 09 MAR 2018


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Primary trend of the SYNDIBANK is bullish for now and  After showing correction from the higher level of 95.90, now stock is trading in short-term recovery phase, it is forming
reversal pattern in short-term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 57 as the stock is managing to trade above its 22  days moving averages with the RSI of 40, one may expect the targets of 65/68 in the stock if it manages to sustain above the immediate strong support level of 53. strong resistance would be seen at 57.50 and 62 AT 22 EMA level. and Below 55 you may expect the target of 53/50.
DAILY CHART FOR SYNDIBANK:

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