Shriram Transport Positional view !!
Updated
SRTRANSFIN ; cmp : 1383.1
A falling supply trendline breakout done near 1360 lvl.
Closing above Another stiff resistance lvl of 1380.
Good base formed near 1280-1320 lvl . So downside limited.
RSI & MFI trending up.Closing above previous high.
Good to accumulate in this lvl .
profit booking zone may be 1428-1466
Sl 1344 Dclbs
Positional TGT 1600+
Option Strategy : Buy Sept 170CE/172.5CE
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
A falling supply trendline breakout done near 1360 lvl.
Closing above Another stiff resistance lvl of 1380.
Good base formed near 1280-1320 lvl . So downside limited.
RSI & MFI trending up.Closing above previous high.
Good to accumulate in this lvl .
profit booking zone may be 1428-1466
Sl 1344 Dclbs
Positional TGT 1600+
Option Strategy : Buy Sept 170CE/172.5CE
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Note
Just ignore option strategy.its was a typo mistake.Trade closed: target reached
Positional TGT almost achieved. made high 1590.Trade closed: target reached
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