TradZoo

Reversal of Parallel Channel in SRTRANSFIN

Long
NSE:SRTRANSFIN   SHRIRAM TRANSPORT
Since February, SRTRANSFIN consolidating in parallel channel range. Currently it's trading near support level of this channel. According chart its indicating reversal from this support level . Also, In today's session it showed correction for 200EMA level. So expected upside target of 1525 in short term. If this gives breakout of the resistance then expected further bullish rally upto 1755+
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Comments

I too taken the trade expecting same
+1 Reply
Devshawarma jaganath22
@jaganath22, what is your sl?
+1 Reply
Perfect
+1 Reply