SRT
BULLISH BREAKOUT SHRIRAM TRANSPORTToday Shriram transport did a good up move by breaking a falling trendline resistance and breaks a strong horizontal resistance too which happened with a strong volume addition in it, tomorrow's market is not looking good due to fall in global indices but yes after all we can say that it is a good breakout in this stock so we can see and upward rally very soon in it.
Cause of long-:
1- Falling trendline resistance breakout.
2- Horizontal resistance breakout.
3- Volume breakout.
SHRIRAM TRANSPORT BULLISH VIEWBUY SRTRANSFIN IN CASH/FUT CMP 1489 SL 1260 TGT 2550 BO ABOVE 1524 (3-6 MONTHS) STRONG CONSOLIDATION SEEN
Shri Ram Transport Fin. Bearish Trend !TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk:Reward: 8-10 times.
SRTRANSFIN levels for 01.02.2021so many times we discussed about this stock.right ??
and I think u booked good intra profits & short term profits.
again & again it's giving more and more opportunities.
so watch it guys.
SRTRANSPORTSRT NOW LOOKING BULLISH IN 2HR TF
BUT HUGE CALL WRITTERS WERE
SITTING IN 700.SO TOUGH TO MOVE .
710-716 MIGHT BE A REITANCE
IF BROKE FURTHER UP POSSIBLE
WATCH FOR BREAKOUT FAILUR & PULLBACK
STILL NOW THIS MONTH IN RANGE
NOW MOMENTUM IS UP
WAIT TO WATCH THE ACTION
INVERTED HEAD AND SHOULDER PATTERN
SRT Ran Finance Short Trade Setup !TRADE SETUP !
CHART PATTERN !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 6k to 12k Profit.
SRTRANSFIN Long View Short term | Medium term MomentumOnce the weekly candle closes above 732 on short-term target will be 200Mvg in the chart and Medium term will be 960.
SRTRANSFIN_LONG | SHORT TERM BUYBuy above 723 closing of weekly candle target of 935 on short-term| once triggered will post stoploss
Rising Wedge Pattern formation on SRTRANSFINRising Wedge Pattern formation on SRTRANSFIN and lead to fall once if broken the pattern. But MACD not clear bearish, seems bearish on bullish trend.
Trade:
Short below = 1057
Target 1 = 1044
Target 2 = 1032
Stop loss = 1067
