Get started

SRF

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
6
SRF going bullish 📈Hi friends, as you can see today i have the technical chart of SRF. Friends as you can see here that it is making an Inverse Head and Shoulder chart pattern which means it can go up but if you see closely then you will find more confirmations as shown below On Monthly Chart :- On Weekly Chart :- Although markets can't be predicted or pattern which formed will work guaranteed and the stock will go up or down, In market we work on possibility and an inverse head and shoulders is one of the pattern with the most success rates, so that's all for today i will meet you in the next idea. Thanks. btw do follow and like it 👍
NSE:SRFLong
by UKnowN_ThE
Trade Idea on SRF with Bird Eye View and Notes Following is the bird-eye view of SRF point-wise: 1 and 2) I see two patterns here on a Weekly time frame; 1 is a parallel channel, and 2 is a symmetrical triangle ( Note: Both can be bullish or bearish patterns depending on their previous more significant wave, here it was bullish ) ( Note 2: Currently sitting at the support of bottom parallel channel making a W pattern and sitting at bottom support of symmetrical pattern too ) 3) It's a Fibonacci extension, made for the consolidation zone - High and Low, For Futures higher Targets. 4) Steep CT: It's a steep counter-trendline breakout, giving us the probability of future upside potential 5 is the probable weekly time frame SL and 6a is probable Weekly time frame basis and pattern top basis Target 1, 6b and 6c are fibo ext target as taken from point 3
NSE:SRFLong
by Averoy_Apoorv_Analysis