Long
SHRIRAM TRANSPORT trendline and resistance breakout !!!
On daily time frame this stock just break the resistance 3-4 days back.
1240-1250 range is good buying opportunity. retest done succesfully and now trying to go up now.
Volume at breakout was increasing and RSI also showing strength , today RSI took support from 60 levels showing the bullish momentum.
Today SHRIRAM TRANSPORT made good setup for swing entry !!!
Target should be 1300-1500 levels and SL is 1180
1240-1250 range is good buying opportunity. retest done succesfully and now trying to go up now.
Volume at breakout was increasing and RSI also showing strength , today RSI took support from 60 levels showing the bullish momentum.
Today SHRIRAM TRANSPORT made good setup for swing entry !!!
Target should be 1300-1500 levels and SL is 1180
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