Note: This is for educational purpose only. Formation of Ascending triangle in SRF. "Bullish engulfing" candlestick pattern formed at support of Ascending triangle. Price should move further up once the upper breakout happens.
Detailed description in chart check it **Educational purpose only
If it will manage to sustain above 3840 then to may test 3980-4000
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Levels are on chart. Please like this pattern. Thank you. Happy Trading!!!
Technical analysis of price information suggests that a rounding top may form at the end of an extended upward trend and that this price pattern may indicate a reversal in the long-term price movement. The main point of recognizing the pattern is to anticipate a significant change in trend from upward trending prices to downward trending prices. Recognizing this...
SRF SORT TERM BEARISH VIEW IF WEDGE BREAKDOWN
Short Below 4090 for a target of 3850. View negated above 4260
LONG SRF IF GIVES BULLISH SIGNALS AND READY TO RETEST IT HIGH LEVELS
A strong upmove in SRF with volume indicates trends to continue in up direction. It have also broke trend line range.
RSI Divergence Doji candle formation today after a strong up move. Target - 3133/3035 Stop- 3353
SELL ZONE OR PRZ IS 3230-3235 STOPLOSS IN RED TARGETS IN GREEN
SRF has shown clear rejection in price at lower levels hence becomes a buy once the high is broken. Join my telegram channel for more of such free ideas
SRF (SRF Limited) SELL BELOW 2700
SRF (SRF Limited) SELL BELOW 2770