Doesn't look that good. I have my primary count for Shriram Transport finance doing a WXY down on the weekly frame and its safe to say so as its clearly visible if you zoom out that it completed 5 waves up on the weekly. Although wave structures as big as this don't fulfil their targets 100% but i'll still be keeping my long term targets near INR 2400-2700 ranges...
Based on my "xRSI-FKS Explosion's" predictive trading methodologies, its going to be a GREEN candle on 12-Jun-2018 for SRTRANSFIN
Buy Above: 1466.2 for targets -
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please...
Hi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.
Here's a trading plan for NSE:SRTRANSFIN
Weekly location: Equilibrium
Daily trend: Up (Let's go long)
Hourly zones: Zone marked on chart
Trade duration (max): 1 month
Note: Target, Entry and SL on chart
Bearish CYPHER Pattern on Shri Ram Transport and will break on downside. Stochastic on overbought and will have correction. So, its lead to fall some extent.
Short below - 936
Target 1 - 908
Target 2 - 890
target 3 - 870
Stop Loss - 980
Reward Points = 66
Risk Points = 44