SRF Stock Analysis📊 SRF Sentiment Analysis: Key Levels & Market Outlook
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Market conditions are subject to change, and participants should conduct their own research before making any decisions.
🏦 Market Overview
SRF opened at 2,860.9 and traded within a range, hitting a high of 2,945.1 and a low of 2,847.1, before closing at 2,935.35, marking a significant gain from its previous close of 2,851.6. The stock exhibited strong upward momentum throughout the session, approaching key resistance levels. As it nears these levels, the upcoming sessions will be crucial in determining whether it sustains the positive momentum or faces resistance-driven consolidation.
📈 Technical Outlook – Key Levels to Watch
SRF is approaching its immediate resistance at 2,971 🚧, where some supply pressure might be observed. A breakout above this level could lead to further strength, with the next resistance at 3,007 📈, which serves as a crucial breakout zone. If the stock sustains above this level, it may accelerate towards 3,069 🚀, indicating a strong upward trend.
On the downside, 2,873 ✅ acts as immediate support, where buying interest has been observed previously. If this level fails to hold, the next critical support is at 2,811 ⚠️, a zone that could determine further price movement. A breach below 2,775 🚨 may lead to increased downside pressure, potentially shifting sentiment toward bearish territory.
📌 Moving Averages & Trend Analysis
SRF is currently trading well above its key moving averages, reinforcing a strong bullish trend. The 50 EMA at 2,691.24, 100 EMA at 2,574.9, and 200 EMA at 2,493.1 are all positioned significantly below the current market price, signaling continued strength in the stock.
💡 With SRF maintaining levels above these critical EMAs, the uptrend remains intact. As long as the price holds above these averages, bullish sentiment is likely to persist. However, traders should monitor resistance levels for signs of potential reversals or consolidation. ⚠️🔍
📊 Market Sentiment Overview
SRF has shown strong bullish momentum, closing significantly higher than the previous session. The stock is trading well above key moving averages (50, 100, and 200 EMA), reinforcing positive sentiment. Additionally, it is approaching R1 (2,971), which could act as a crucial breakout level. If SRF sustains above this resistance, further upside potential may be unlocked. However, traders should remain cautious as R1 (2,971) may act as a supply zone, leading to some temporary selling pressure. If the stock fails to hold above S1 (2,873), it could indicate short-term weakness and trigger a retracement toward lower support levels. ❌⚠️
📈 Overall Sentiment: Bullish with Caution ⚠️ While the trend remains positive, traders should closely watch resistance and support levels for confirmation of further movement. 🚀
🎯 Market Observation
SRF is approaching a key resistance level at 2,971 🔼, and if it crosses this mark, we could see further movement toward 3,007 - 3,069 📈. A sustained breakout above 3,069 may indicate stronger bullish momentum 🚀. On the downside, if SRF drops below 2,873 ⚠️, it could test the 2,811 - 2,775 levels. A sustained move below 2,775 might trigger increased selling pressure 📉, leading to potential weakness.
📌 Note: This analysis is based on historical price movements and should not be considered a buy or sell recommendation. Always exercise caution and risk management when making trading decisions.
📢 Conclusion
📌 SRF remains above key moving averages, indicating strong bullish sentiment. However, resistance levels should be closely watched for further movement confirmation. Market participants should remain cautious and manage risk effectively in case of volatility.
🚀 Stay informed and trade responsibly!
Srfanalysis
SRF cmp 2958.60 by Weekly Chart viewSRF cmp 2958.60 by Weekly Chart view
- Good Volumes based Breakout from trading price range of 2025 to 2700 since Sept 2021
- Stock is on verge to create New Lifetime High Milestone beyond ATH 2983.90 of 05-Feb-2025
- Bullish Rounding bottom has been formed with the neckline at current ATH 2983.90 price level
SRF - BREAKOUT TRADE OPPORTUNITYSymbol - SRF
CMP - 2750
SRF Limited, a diversified global player, operates in segments like chemicals, textiles, packaging films, and fluorochemicals. The company is a leader in its respective industries, offering products across industries ranging from automotive to pharmaceuticals. With a strong presence in both domestic and international markets, SRF has built a reputation for delivering innovation and sustainable solutions.
SRF stock has recently broken out of a significant resistance zone that had held for the last 3.5 years, signaling a potential shift in its price action. This breakout is a critical technical event, as it suggests that the stock may now enter a new phase of upward momentum, having overcome a major hurdle. Currently, the stock is in the process of retesting this breakout zone, which is a natural price action behavior that presents an attractive entry point for long positions. The stock is now trading at around 2750, providing a solid opportunity for investors who are looking for a favorable risk to reward setup.
Looking at the broader technical picture, the target for this breakout is 3500, which aligns with past resistance levels and technical projections. Given the strength of the breakout and the current retest of the breakout zone, this suggests that the stock could head toward the target level over the medium term. The stop loss for this trade can be placed at 2500, which provides a reasonable cushion in case the price action reverses.
From a fundamental perspective, SRF's consistent performance across its diverse business segments, strong market positioning, and impressive growth outlook support the case for a potential long-term bullish trend. The company’s fundamentals, coupled with this technical breakout, provide a solid base for investors to initiate long positions at these levels.
In conclusion, SRF’s recent price action and technical breakout suggest a promising opportunity for medium to long term investors. The stock offers a favorable risk to reward ratio at its current price level, and the target of 3500 looks achievable over the medium term. The downside risk appears manageable, with the stop loss placed at 2500
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
SRF Ltd showing bullishness after a long consolidation.SRF Ltd is trading above the trading range and there are chance of the stock travelling forming new highs.
The stock has been consolidating in a range for over 3 years and finally the stock has closed above the resistance zone on the daily time frame.
In today's session the stock has move more than 6% and in current week it move 10% (approz).
After consolidating in a 40% range for a long time, there are chance the stock can test 4600-4700 levels this year.
Target levels :- 4692
Stop Loss :- 2480
Entry can be made once the stock retest the break out zone (around 2750-70).
Wait and watch for price action near the zone and trade accordingly.
SRF LTD - Long Range Breakout ?Simple Chart - Long Consolidation ( Flag Pattern ). Targets could be higher as well but taking it one by one due to overall market volatility.
Fundamentally :
The company has declared Negative results for the last 7 consecutive quarters
PAT(9M) At Rs 724.72 cr has Grown at -20.67 %
INTEREST(9M) At Rs 286.57 cr has Grown at 21.09 %
ROCE(HY) Lowest at 10.25
However looking at the chart, something has changed fundamentally which is why there is demand coming in from big players.
Specialty Chemical Outlook:-
Anticipate good Agro Demand in Q4 with significant improvement over Q3
Fluorochem Outlook:-
Q4 to perform significantly better ; Supported by higher HFC Volumes.
Packaging Film Outlook:-
Demand -Supply imbalance to continue but will soften.
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.
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Disclaimer: This is only for educational purpose, do your own research before initiating any trade.
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
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
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