SYNGENE - Swing Trade Analysis with AI Signals

Last Updated Time : 19 Sept 25, 2:15 pm

Swing Trade Rating: 3.6

📊 Swing Trade Analysis for SYNGENE

SYNGENE presents a cautious swing trading setup. While its fundamentals are stable and institutional support is improving, technical indicators and valuation metrics suggest waiting for momentum confirmation before entering aggressively.

✅ Strengths

Solid Fundamentals: ROCE at 12.8% and ROE at 9.78% reflect decent capital efficiency.

Low Leverage: Debt-to-equity ratio of 0.07 adds financial resilience.

DII Accumulation: DII holdings increased by 2.55%, signaling domestic institutional confidence.

Earnings Recovery: Qtr Profit Var of 48.1% shows a rebound despite sequential decline.

EPS Strength: ₹11.6 EPS supports earnings quality.

⚠️ Weaknesses

Bearish Momentum: MACD at -1.13 and RSI at 50.4 suggest neutral-to-weak momentum.

Price Below 200 DMA: Trading below the 200 DMA (₹697) signals short-term softness.

Volume Drop: Current volume is less than half the 1-week average, indicating reduced trader interest.

High Valuation: P/E of 56.6 vs industry average of 51.1 and PEG of 43.9 suggest overvaluation.

FII Pullback: Decline of 2.96% in FII holdings may reflect foreign caution.

Low 52w Index (16.4%): Indicates significant underperformance relative to its yearly high.

🎯 Optimal Entry Price

Entry Zone: ₹640–₹650

A tactical pullback near recent support offers a lower-risk entry if MACD flattens and RSI climbs above 55.

🚪 Exit Strategy (If Already Holding)

Target Exit: ₹685–₹700

A reasonable upside before testing resistance near the 200 DMA.

Stop-Loss: ₹620

Below recent support to protect against further downside.

🧠 Final Thought

SYNGENE is a fundamentally stable but technically weak swing candidate. Best suited for tactical traders who can monitor momentum closely and exit quickly if signals deteriorate. Wait for confirmation before entering aggressively.

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