SNGP Looks Ready for a Breakout. Here’s the Trade Setup (TA)

Sui Northern Gas Pipelines Limited (SNGP) is suitable for both short and long term players. It has the potential to pay an annual dividend and recently made a high of 127.

Accumulate from 106 – 93

Short Term Targets: 110 – 114 and 120

Long-Term Targets: 140 – 155

The trade idea invalid if SNGP closes below the 88 level on a daily closing base.

Disclaimer
Always take trade with your own risk appetite.
Before taking any trade do your own research first.
Financial markets are inherently risky.

Long term target prices take a long time to achieve.

⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →