Further Advance
Our Pivot: 56.50
Our Preference: Start buying SNGP from current price and average it out till 58.20 with strict stop loss of 56.50 and profit target at 61 with extension towards 63.
Alternate Scenario: Downward penetration of 56.50 will call for 55.00 and 54.50.
NOTE: SNGP have given breakout of its descending trend line in upward direction and Daily momentum indicators are strongly bullish.
Daily chart with supports & resistances:
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