loser-SYNDIBANK below 70 rupee remain sell tgts 65 and 61

SYNDIBANK future chart Syndicate Bank Ltd. Stock today trading under pressure at 68 rupees with almost 4% drop.   Today stock has given fresh breakdown for tgts 65 and 61. Below 70 rupee level stock will remain sell.   In future traders can keep SL above 71 and expect tgt 65 and then 61 till expiry. In options use 70 rupee put options to buy and accumulate on decline with SL above 71.   While from long term view, stock is buy and accumulate in between 50 to 60 rupee zone for tgt 92.

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Pramod Baviskar

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