NSE:SRTRANSFIN
SHRIRAM TRANSPORT FINANCE (Short-term update)
BUY @ CMP
Invalidation level - 1002
Target: 1300, 1432
The short-term Elliott wave view in SRTRANSFIN suggests that the stock has given a breakout from
a bullish ascending pattern with volumes which indicates the momentum is likely to continue to the upside.
While any decline in the price could be a significant trade setup for short-term investment.
Disclaimer: The investments discussed or recommended in the market analysis, research
reports, etc. may not be suitable for all investors. Investors must make their own investment
decisions based on their specific investment objectives and financial position and only after
consulting such independent advisors as may be necessary.
SHRIRAM TRANSPORT FINANCE (Short-term update)
BUY @ CMP
Invalidation level - 1002
Target: 1300, 1432
The short-term Elliott wave view in SRTRANSFIN suggests that the stock has given a breakout from
a bullish ascending pattern with volumes which indicates the momentum is likely to continue to the upside.
While any decline in the price could be a significant trade setup for short-term investment.
Disclaimer: The investments discussed or recommended in the market analysis, research
reports, etc. may not be suitable for all investors. Investors must make their own investment
decisions based on their specific investment objectives and financial position and only after
consulting such independent advisors as may be necessary.
Trade closed: target reached
Elliott wave Analysis, All types of Asset classes are covered like, Indices, Stocks, Currencies and commodities.