Our Pivots: 20.32
Our Preference:Buy SNGP above 21.50 with a strict stop loss of 20.32 and profit target at 23.05 with extension towards 25.99.
Alternate Scenario: Downward Penetration of 20.32 will call for 19.42
NOTE: SNGP is moving in a bullish trend and is getting support from a bullish trend line, weekly MAORSI is also supporting its bullish behaviour towards 23.05 as it have penetrated its triangle in upward direction. Closing above 23.05 will call for 25.99
For New Entries (Buy Above 21.50)
For Existing Holders (Hold till 23.05)
Weekly Chart with Supports and Resistance:
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