SRTRANSFIN is currently facing turbulence and the stock has also run up fast. The trendline and support zone confluence makes this a perfect stock for entering at 1100 level with a smaller quantity.
The risk to reward ratio becomes favorable at this level for a target of 1300. Good results are expected from this stock and post 28 Jan (result day) it can again zoom to the recent high of 1300 Levels.
DISC: For education purpose only. Please consult your advisor before taking any trade.
Comment
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Perfect entry. Got the price at 1100 today. Lets wait for result now.
Trade closed: target reached
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Target of 1276 has reached against the 1300 levels. Hence closing this trade at 1:1.5 risk to reward ratio.
Trade closed: target reached
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1300 Levels are reached. Made a top of 1317 today. 1 day and 200 points target done. Please share and follow if you like the set up.