SRF Ltd has officially broken above its previous all-time high of ₹2,865 (from 2022), closing strong at ₹3,112, with an impressive weekly gain of +8.78%. Backed by increasing volume and a strong RSI of 66.70, the breakout looks technically significant.
• ✅ Breakout above life high of ₹2,865 (2022)
• 📈 Weekly High: ₹3,127
• 💰 Closing Price: ₹3,112
• 📉 50 EMA Support: ₹2,673
• 🔰 Major Support Zone: ₹2,050–₹2,080
• 📊 RSI (Weekly): 66.70 — bullish momentum building
• 🔄 Volume: 3.66M — above average
With price sustaining above the key breakout zone, the path could open toward the next resistance levels around ₹3,300–₹3,350. Watch for consolidation or retest around ₹2,865 for stronger conviction.
Analysis By Mayur Jayant Takalikar -- For LEARNING & OBSERVATIONAL USE ONLY.
⚠️ Disclaimer:
This chart analysis is purely for educational and informational purposes only.
I am not a SEBI-registered investment advisor.
Please do your own research or consult a certified financial advisor before making any investment decisions. Stock markets are subject to risk.
• ✅ Breakout above life high of ₹2,865 (2022)
• 📈 Weekly High: ₹3,127
• 💰 Closing Price: ₹3,112
• 📉 50 EMA Support: ₹2,673
• 🔰 Major Support Zone: ₹2,050–₹2,080
• 📊 RSI (Weekly): 66.70 — bullish momentum building
• 🔄 Volume: 3.66M — above average
With price sustaining above the key breakout zone, the path could open toward the next resistance levels around ₹3,300–₹3,350. Watch for consolidation or retest around ₹2,865 for stronger conviction.
Analysis By Mayur Jayant Takalikar -- For LEARNING & OBSERVATIONAL USE ONLY.
⚠️ Disclaimer:
This chart analysis is purely for educational and informational purposes only.
I am not a SEBI-registered investment advisor.
Please do your own research or consult a certified financial advisor before making any investment decisions. Stock markets are subject to risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.