the_consolidation_guy

Parallel Channel in SRTRANSFIN

Long
NSE:SRTRANSFIN   SHRIRAM TRANSPORT
Notes:

  • Been in a horizontal channel since 1st Feb 2021 (1260 - 1535).
  • This is the 4th testing of the top wall of the channel. That too, the gap between 3rd and 4th testing is just a few days as opposed to the others which were a few weeks apart.
  • If the resistance zone (1510-1535 almost 2%) is broken, we could expect to see fresh highs.



Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.

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