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...
buy srf @ 2250 add more 2222 sl 2200 below target 2350-2440-2600 ++
On a daily chart, the stock recently reclaimed the 200 day EMA with volume and is hovering above it. Breakout above 2352 with initial resistance at 2416. Might see price consolidation in this zone. Watch for positive price action above 2416 with volume. 2260 - 2240 are important nearest support zone. However, do always keep a stop loss between 5-8%. Note:...
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...
SRF Swing Trade - Target 2500/2700++ Use any dips to add SRF can do well hereon #investing #trading #swingtrade #srf
Hey folks! Let me bring your attention to SRF as it has recently shown signs of Trendline breakout post accumulation and is giving a good risk-to-reward setup. Given the stock is bouncing back from the accumulation zone, the probability of the setup being correct is very high. Stop loss @ 2170 .i.e. 3.7% below the current price Targets: First Target -...
Can go long in SRF at CMP 2110 , It has given falling wedge Breakout &consolidation is going on from past 2 days. TARGET - 2260/2345/2460/2515 SL - 2180 CLOSING BASIS
SRF is travelling in a Descending channel pattern . Now, it is at crucial point for either Breakout or Breakdown!!! Make it to Watchlist !! Will update the levels once it gives the movement with volume!! Let's wait and watch how it moves!!!! Note - Just sharing my view.....not a tip nor advice!!!!
Position ally Short SRF between 2670-2690 with SL above 2740 Target 1= 2220 Target 2 = 2100 Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
SRF Getting support from Supply & Demand Zone & The lower TL. Got time to take trend.
SRF can give good upside breakout above 2657 - 2677 levels. can move towards upper FIBO LEVELS in coming days. Targets and SL mentioned in the chart.
Stock is trading in the downward sloping channel and breached the support level of 2350. Stock is likely to continue its prior trend towards 2200 , hence, on any recovery stock should be short sell keeping SL of 2400 and look for the target zone of 2200 and 2100 in the coming weeks.
SRF is looking bullish for a short-term buy. Entry-2550 Target-2850 SL-2405 making HH_HL structure and bullish H&S pattern on a high time frame.
SRF has fallen from Harmonics Level of 2.618. Decent correction Happened. . PRZ 1 - 2595 PRZ 2 - 2551 Stoploss = 2531
Breakout in SRF Ltd with high volume. DII also increasing stake in each quarter.
Good Distribution Schematic #1: Wyckoff Bearish in last 1 year. expect more bearish move