SRF Lower End of Parallel Channel and 200 EMA Support.NSE:SRF is Looking Good from a positional trade perspective as it's reaching to its long-term support of a parallel channel with the lower end also being the 200 WEMA, one can buy and book profit again when it reaches the upper end of the channel on a weekly time frame.
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Lowerendofrange
BATAINDIABATAINDIA again took support around 1380 & bounced back, this is fifth time bataindia is not breaking below 1380, BATAINDIA is trading @ lower end of range which is 1380.
BATAINDIA could be bought with stoploss below 1380(lower end of range)
&
Target 1445(upper end of range)
Extremely Bullish Risk:Reward Ratio.
Not to be missed.