Get started

Shriramtransportfinance

SRTRANSFIN- Multi-time Frame + Fibo + BreakoutOverall the stock has a positive trend, but pullbacks are very deep. - Requires proper breakout with volume. The Indicator Used: PANEL 1: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. 2) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation. 3) TE-REKAB - Proprietary Indicator KEYS: PB: Pullback Blue Candle: Selling Divergence Yellow Candle: Buying Divergence If you like the analysis, do leave a like and follow for more such content coming up. The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :) HAPPY TRADING!!!
SLong
by ReeAishw
3
Shriram Transport Finance Trend AnalysisThis shows the Daily Chart of Shriram Transport Finance for a period of 10 years. The Chart is divided into 3 parts: 1. The red portion shows a strong support region 2. The yellow region is seen as both a Resistance as well as Support in different periods. 3. The dark green region is the first level of Resistance (and an initial profit-booking level). 4. The light green line is the second level of Resistance (and the final profit-booking level). Possible entry points would be in the red region or after the breakout from the yellow region. From here, if the market corrects itself in the near future and price does correct to the red region, any entry in this region can provide an expected return ranging from 45% to 140%, with a very limited downside. Entering after a breakout from the yellow region can also provide an expected return of 12% to 50% with a risk of 10%.
SLong
by learningcurve100