Syncom Healthcare CMP 6.1
-- On 12 Jan it went high to 15.45 & breached the Mar 13 monthly high of 13.40.
As informed in the previous mail it has come down ( below the given target).
Now it is far away from all weekly EMAs which are now at 7.83 - 8.31.
1.Weekly volume decreased,
2.daily RSI started showing + ve divergence.
indicate bottom is almost there.
One can start accumulation.
Short term targets 6.75, 7.83, 9.80, 15.45
Keep in mind it has already breached 13.4 monthly resistance.
Next resistance is at 26.4 Feb 13 high
The market does speak ...... we only have to listen.
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
---------- Forwarded message ----------
From: Hemant Barve <barvehn@gmail.com>
Date: 25 December 2015 at 23:13
Subject: Syncom Healthcare
To: longterminvestorsresearch@googlegroups.com
From: Hemant Barve <barvehn@gmail.com>
Date: 25 December 2015 at 23:13
Subject: Syncom Healthcare
To: longterminvestorsresearch@googlegroups.com
Syncom Healthcare CMP 11.72
After 2 years of accumulation it has given upward break out
& breached quarterly resistance of 10.79 ( Sep 14 ) with high volume.
This is the 1 st time after 2010, that it would remain above monthly long term EMA, on monthly closing basis.
Expect it to give retracement up to 8.0, chance to enter, as next resistance of quarterly chart is at 32.3
The market does speak ...... we only have to listen.
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
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