SRF - Sideways to BullishStock at strong support area
2420-30 will act as bounce back zone
View negates below 2400
expected bounce up to 2550-2600
R:R excellent
Srfanalysis
SRF LTD Srf ltd is in do or die condition
Sideways from more than 500 days
buy above 2500
short below 2100
thanks
Trend Reversal Possibility in SRFSRF Trend Reversal Possibility in SRF. Good move upside expected on breaking marked levels. Keep in watchlist. It can give good targets in short term.
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.
SRF Entering Profit Booking ZoneSRF Entering Profit Booking Zone
PRZ- 1975-1800
Book Your Longs Near Those Level.
Or Else Trail Sl .
SRF Ltd - All time highSRF Ltd has taken its breakout from ascending triangle pattern, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Hanging around All time highrecently 4010 was a good buy, since price din't come to the channel bottom some may not entered the trade. Its not too late !!!
SRF is on the verge of a breakdown. Stock for 7th July 2020I have market the levels in the chart itself. Please refer and comment if you have any doubts !
Selling at CMP
Target : 3725
Risk : 3932
Risk : Reward is 2.57
Do follow me on Quora (Jago Niveshak) for daily calls / stock tips to trade the next coming days.
Thanks for keeping me motivated by showing your love and support !
