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SRF

SRF Chart Signals Big Breakout OpportunityThe chart shows a weekly timeframe analysis of SRF Ltd (NSE) with a focus on a potential breakout. Here’s a breakdown of the analysis: Pattern Identification 1. Symmetrical Triangle Pattern: • The chart highlights a symmetrical triangle, where the price has been consolidating within converging trendlines. • This pattern generally indicates a continuation or reversal, depending on the breakout direction. 2. Fair Value Gap (FVG): • There is a Fair Value Gap (FVG) marked, which represents an imbalance in price action. It could act as a liquidity zone for price retracement. 3. Order Block (OB): • An order block is highlighted, which is a strong demand zone. This suggests that buyers could step in, pushing prices higher. Future Outlook 1. Bullish Breakout Expected: • The arrows and target zones indicate that a bullish breakout from the triangle is anticipated. • The projected upside move is around 665 points (25%-30%), aiming for targets near ₹3,300-₹3,400. 2. Potential Retest: • A retest of the breakout level or a pullback into the order block (around ₹2,400-₹2,500) could occur before continuing upward momentum. 3. Secondary Triangle: • Another smaller triangle formation is shown for the medium-term outlook, suggesting a consolidation phase before further movement. Key Levels • Support Zones: ₹2,357 (stop-loss region) and ₹2,486 (demand zone). • Immediate Resistance: ₹2,606 (current breakout level). • Target Zones: ₹2,791 and ₹3,300+ in the medium to long term. This chart suggests a positive outlook for SRF Ltd, with a focus on confirming a breakout and maintaining the marked support levels. DISCLAIMER- PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING . THIS IS FOR EDUCATIONAL PURPOSES ONLY
NSE:SRFLong
by Trade_lyst
Specialty Chemicals Sees Sharp Rise on Refrigerant Price Hike◉ Key Takeaways ● The phasing down of HFCs in the U.S. is driving significant changes in the refrigerant market. ● Indian specialty chemicals companies, particularly those involved in refrigerant production, are poised to benefit from this market shift. ● The demand-supply imbalance in the refrigerant gas segment is expected to persist, creating favourable conditions for industry growth. ◉ Introduction On January 9, 2025, the Indian specialty chemicals sector witnessed a significant surge, driven by a sharp increase in refrigerant gas prices. This surge was primarily attributed to the phasing down of hydrofluorocarbons (HFCs) in the United States, as mandated by the U.S. Environmental Protection Agency (EPA). ◉ Market Dynamics ● Phasing down HFCs: The EPA aims to reduce hydrofluorocarbon (HFC) emissions by 85% over the next 15 years. This will impact the production and pricing of refrigerants. ● Refrigerant price increases: As HFC production declines, prices for existing refrigerants like R-410A and R-22 may rise. This could lead to higher costs for consumers and businesses. ● New refrigerant alternatives: The industry is shifting towards alternative refrigerants with lower global warming potential (GWP), such as R-32, R-454B, and R-1234yf. These alternatives may become more widely adopted and affordable. ◉ Impact on Indian Companies The surge in refrigerant gas prices significantly benefited leading Indian players: ● SRF NSE:SRF and Navin Fluorine NSE:NAVINFLUOR : These companies were prominent beneficiaries, witnessing a remarkable 14% increase in their stock prices. ● Financial Gains: Analysts estimate that every $1/kg increase in R32 prices could boost SRF's EBITDA by ₹260 crore and Navin Fluorine's by ₹77 crore. ● Capacity Expansion: With SRF's production capacity for R32 at approximately 29,000 to 30,000 tons and plans for Navin Fluorine to double its capacity from 4,500 tons to 9,000 tons by February 2025, both companies are well-positioned to capitalize on this market shift. ◉ Wider Market Impact The price hike triggered a broader rally in the specialty chemicals sector, with companies like Balaji Amines NSE:BALAMINES and Alkyl Amines NSE:ALKYLAMINE also witnessing stock price increases. ◉ Future Outlook As the U.S. transitions to more environmentally friendly refrigerants, the dynamics of supply and pricing for these alternatives are likely to continue evolving. This evolving landscape presents significant opportunities for Indian specialty chemicals companies that are well-positioned to capitalize on the growing demand for these new-generation refrigerants.
NSE:SRFLong
by GoodluckCapital
SRF - Still Consolidating - AVOID!Price Analysis & Overview: 1. Trading within a zone. 2. PA is choppy 3. Consolidation is continuing. 4. No bullish confirmation. 5. Earnings are very poor. 6. STRCITLY AVOIDING THIS STOCK! - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:SRF
by SuperNova396
SRF CAN IT BE A BUY ON THESE LEVELS Hello Friends, Last month we have seen a small buying interest in many chemical stocks due to Chinese negative sentiments excluding SRF. In August few brokerage firms intiated buy call for this particular stocks that's the reason it didn't performed well as we all know how the buying calls Game Works. I have been tracking this stock from last few months. We can buy SRF 2400 CE Options September Expiry Currently Trading at 59.90 it will cost you around 23000 to buy this option. This OPTION CE looks very bullish besides the stock is being trading in a narrow range. It's a bit risky but worths a buy. Target of this OPTION CE can be 275plus. For more live trade you can subscribe to YouTube channel @brainvehicle Disclaimer-Option Buying is Risky.
NSE:SRFLong
by brainvehicle
SRF LTD important levels to watch. the stock has started its downward movement from past few days. now the stock is trading near its important support zone marked on the chart. More downside possible if the stock breaks down from the support and gives closing below the level on daily closing basis. Expected target can be next support zone marked in green on the chart. Keep the stock on radar. Follow us for more such information. If you like the idea motivate us by giving likes. Disclaimer: This is only for educational purpose, do your own research before initiating any trade.
NSE:SRF
by InvestyourAsset
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