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SYMPHONY TECHNICAL CHART STUDY

SYMPHONLY

we have already given a delivery buy in SYMPHONY at 520-550 range it made 615 almost.

so one can buy above 615 or buy near 600 small qty sl 650 target 670-735

technical study

as we already given a delivery buy call in this stock, but presently at upper level also stock is giving some bullish sign, and if this signal’s confirms then we can see good up move.

if we look at the stock we can clearly see that stock is taking support and moving up.

yesterday it has given a signal of “BULLISH NEGATIVE DIVERGENCE”  and today moving above 600 and closing beyond 600 it able to confirm this signal, but more confirmation we can see when stock able to break recent high and able to sustain above that for atleast 1 hour.

rsi still in overbought zone, but still price not turning down, we cant expect about fall.

 

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