ASCENDING TRIANGLE SUPPORT TO SHRIRAM TRANSPORT(SRTRANFIN) FUTFUTURES TRADE IN SHRIRAM TRANSPORT
BUY@680
STOP@658
TARGET 1@720
TARGET 2@740
QTY=1800
POSITIONAL TRADE
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
Shriramtransportfinance
SHRIRAM TRANSPORT LONG IDEAShriram Transport is trading near its resistance line.
One can long for a target of 800/812
SL as per your RR NSE:SRTRANSFIN
INTRA-DAY TRADE IN SHRIRAM TRANS MAY FUT INTRA-DAY TRADE IN SHRIRAM TRANS MAY FUT
BUY@745
STOP@730
TARGET@765
QTY=1800
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
SHORT - Shriram Transport FinanceShort around 800 with SL at 830 and Target at 610.
Disclaimer : I am not a SEBI registered investment advisor. All views expressed are for educational purpose only. Kindly consult you financial advisor before trading or investment. I may or may not have position in the stocks described for trading or investment view.
CONDITIONAL INTRADAY TRADE IN SHRIRAM TRANSPORT MAY FUTCONDITIONAL INTRADAY TRADE IN SHRIRAM TRANSPORT
BUY ABOVE@702
STOP@690
TARGET@718
QTY=1800
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
!!INTRA-DAY SHORT IN SRTTRANSFIN MAY FUT!!SHRIRAM TRANS FUT
SHORT@723.2
STOP@748.3
TARGET@695
QTY=1200
SRATES ARE AS PER SPOT
PLEASE ADJUST FOR FUTURES
SHRI RM TRANSPORT I HAVE NEW CONCEPT FOR U: 3 BEARISH DRIVE :)ITS A NEW CONCEPT I LEARNED NAMED THREE BEARISH DRIVE PATTERN SEE AT POINT 3
GOOD LUCK
Short team trade idea- Short_SRTRANSFINShort -SRTRANSFIN below 937 with SL of 980 and target around 880
Selling Range Bound Price At Resistance - Risk/Reward 1:4Short SRTRANSFIN below 1270 | Stop-loss 1303 | Minimum Price Target 1135
Risk/Reward 1:4
Strategy - Trading Range Bound Price
Trading System - Mean Reversion on Daily.
Trading Setup - Selling at Resistance
More about Trading Sideways Market Explained In Following Post.
Selling a Range Bound Price at Resistance - Risk Reward 1:6Short SRTRANSFIN Below 1193 - Stop-loss 1235 - Target 940
Risk/Reward 1:6
If Price Closes above 1234 Before Breaking 1193 then trading set-up becomes invalid. CMP is 1203.
How to trade ranging prices/market
SRTRANSFIN (Shriram Transport Finance Company) SELL BELOW 1020SRTRANSFIN (Shriram Transport Finance Company Ltd) SELL BELOW 1020
SHORT TERM || BUY || SHRIRAM TRANSPORTOne might want to buy Shriram Transport on a dip keeping SL at 979 and targets of 1035/1055/1070.
SHRIRAM TRANSPORT 100 SMA BREAKOUT, BULLISH !!!SHRIRAM TRANSPORT DAILY, Above 100 sma ready for long travel. Trendline break upside. Target 1250
Shriram Transport is stuck in small rangeShriram Transport was trading in small range whole day, sell if price breaks below 1210 and buy if it goes above 1230
One day chart trend is downward as price are below 200 EMA
Shriram Transport short , mid term and long term.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 , after completion of this large WXY ofc. There's always a possible scenario where it can go for extended correction phase which can then be counted as WXYXZ but i'm not too confident about that , too early to comment on such move down. My primary is WXY as gradually increasing buy volume during the whole movement points towards that.
My short term target for this X up is indicated by that pink line where 5 of C of this larger X ends. Mid term , I'm looking for a Y wave down to 78.6% (INR 300-450 ranges) retracement level of this impulse 1 up on weekly . Taking 5th wave of this hyperwave 1 elongated , we get this target which generally lands around the 4th.
There's another count with elongated 3rd of this larger 1 instead of the elongated 5th, which will then give us our targets around 61.8% (INR 600-700 ranges) retracement level of the whole up movement.
Both the counts are valid down to 99.99% retracement level.
This is not a financial advice and just my view of the market atm . Don't trade on other people's opinions , get on your own and make a plan and trade on them.
Thank You.
MyAlgo: xRWave-Blaster: Intraday call: 25Jun-SRTRANSFIN-LongBased on my "xRWave-Blaster" predictive trading methodologies, its going to be a GREEN candle on 25-Jun-2018 for SRTRANSFIN
Buy Above(5Min candle close): 1497.7 for targets -
T1: 1508.9
T2: 1515.7
T3: 1522.7
SL: 1485.7
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 do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
