SRF - Low Risk Setup

Jul 14, 2023

The stock has taken support at the shown trendline third time in the last year. If bounces back again, it can be a good opportunity with a good risk-reward setup.
If goes bullish, humble targets may be 2350/2470. Sustaining below 2130 will weaken the strength.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.

Aug 1, 2023

Note

A solid move was shown today. Reached 2250.

Aug 22, 2023

Note

Sustaining 2300. Keep tracking.

Sep 1, 2023

Note

Target achieved. Reached 2380 yesterday.

Sep 4, 2023

Note

Crossed 2410 today.
Now towards second target.

Sep 6, 2023

Note

Almost reached the second target of 2470. Made high of 2465 today.

Sep 7, 2023

Trade closed: target reached

Reached 2470.