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SRF: short

Short
SRF LTD (NSE:SRF)  
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NSE:SRF   SRF LTD
Trend Analysis Parallel Channel SRF srfshort Technical Analysis stockmarketanalysis stockstobuy stocktrading
22
5
trendanalysis parallelchannel srf srfshort technicalanalysis stockmarketanalysis stockstobuy stocktrading
Stock is trading in the downward sloping channel and breached the support level of 2350. Stock is likely to continue its prior trend towards 2200 , hence, on any recovery stock should be short sell keeping SL of 2400 and look for the target zone of 2200 and 2100 in the coming weeks.
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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