Short Shriram Transport FinanceShort Shriram Transport Finance
Supply Zone1250-1255 Stoploss 1320 Target below 1150..
Study : Stock is near Supply Zone
SRTRANSFIN
Shriram Transport finance Long ideaShriram transport Fin can long as it is trading in parallel channel for target 1220++ soon
Srtransfin can go long.NSE:SRTRANSFIN is in wave 5 of larger degree and also in smaller degree. more possibility of going bullish, safe entry after breakout of ending diagonal.
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 finance Long ideaShriram Transport finance work in parallel channel can long with stop loss940 closing basis.
In Depth Analysis of SRTRANSFINNSE:SRTRANSFIN is due one more leg down to test Rs900 something levels and then... A good Rally on its way.
Look for a Confluence around the rectangular Box Price Zone.
I have shared it already on the group.
Short SrtransfinStock Name: #Srtransfin
Action: Sell
Entry: 1127.80
SL: 1159.80
Target: 1006
NSE:SRTRANSFIN
Stransfin can go long.As seen in the chart Minute Wave C is completed, which completes the Minor Wave 4. So, one can expect the Start of Minor Wave 5,
Minutte Wave 1, is formed as Leading Diagonal Wave 3 can be go up in big move, as seen in HFCL one can go through my HFCl analysis. If the price broke the invalidation level then it needs to recount.
Note - before taking trade please do your own Research above shared views are for educational purpose.
SRTRance Fin: Support zone earlier now become resistanceThe theory is like that support after breakout becomes a resistance and this is happening exactly with srtr.
SRTRANSFINSRTRANSFIN intraday buy
looking good above 1212 with stop loss of 1190 for target of 1234 and 1254
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Shriram Transport Fin - On the verge breakout or breakdownThe stock is trying to breakout from the trading range.
Srtransfin buy above 1275Hello guys, astral is going great, same with titan, glenmark, tatasteel, hindalco, torrent pharma, let's say most of the stocks.
The next possible big mover that I can spot is srtransfin this stock has been through a healthy retracement till 78.6% and taken support from the same place.
Tapped into the demand zone and gave a strong candle
RSI looks alright.
MACD turned above the signal line.
Buy above - 1275
Targets mentioned in the chart above.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Sriram transport financeNSE: SRTRANSFIN, prmoters have been increasing their portions. srtransfin is about to break out.
SRTRANSFIN Intraday - 29th DECSrtransfin looks good as per price action for shorting on 29th Dec below 1204. On daily chart there is a breakdown --> consolidation --> retest and now ready for another momentum downwards. Avoid in case of big gaps.
srtransport W pattern speak W pattern formed in recent past and result of w pattern posted for learning purpose
Shriram trans. arriving to its support zoneMany people ask me how to find a crucial support area now this it a perfect example of it , It is not an recommendation It is just an observation.
If you see here the zone of 1250 to 1260 is a crucial support zone which is tested for more than four times.
The overall trend of this stack looks sideways.
This is a perfect scene if you find and trade a reversal trade at support zone.
This is the way you should shortlist your stocks for playing reversals.
In earlier Idea of this stock (Check Out in comments) I want to play a major consolidation breakout but now it is better to find a reversal setup.
( Remember I am not telling you to buy this share , as no buying setup is there It is just for those people who want me to explain how I shortlist a stock and make a view on it before finding any buy sell setup)
Shriram Transport - Keep On RadarThe stock has broken its long-term support trendline. Further support area lies between 1315-1215. Keep an eye to see a revarsal.
Only for learning and sharing purposes.
All the best.
SRTRANSFINKeep an eye on this stock.
Now, near upper side of the box.
Good volume was seen in the last session.
SRTRANSFINNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
SRTRANSFINNSE: SHRIRAM TRANSPORT 1576
-Fresh Breakout Done Now-Again At Resistance
-Near Multi-Year Breakout
-Price and Volume Both Confirms The upside
-Next level to watch is 1625
-Support near 1515-1475-1390
-Closing Basis
shriram transportNSE: SHRIRAM TRANSPORT 1490
-Fresh Breakout very soon
- Price and Volume Both Confirms The upside
-Next level to watch 1515-1535-1625
-Support near 1475-1390
