Keep an eye on this stock. Now, near upper side of the box. Good volume was seen in the last session.
Note: 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...
NSE: 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
NSE: 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
1. Major resistance Zone is Placed between 1535 - 1517, this resistance zone is tested for 4 times this time a sharp breakout is expected.💣💣 2. Support zone is placed between 1271 - 1256. 3. Price is trading above 200 Day moving average. 4. RSI crossed 70 ,giving a strong bullish sign. 5. Price is consolidating between 1520 - 1260 ,from last 8 months.
SRTRANSFIN....at a very good level after conslidation on a daily time frame...
Swing trade idea , wait for a proper breakout and a retest to enter the trade.
BUY SRTRANSFIN IN CASH/FUT CMP 1489 SL 1260 TGT 2550 BO ABOVE 1524 (3-6 MONTHS) STRONG CONSOLIDATION SEEN
SRTRANSFIN has just attempted a Darvas Box Breakout. However, there is a small hurdle before the stock can blast and that's a potential supply zone that has not been tested yet in the past.. The last time when Price reached this level, it rejected and retraced.. Keep this stock on the watchout and when the specified level is taken out, this stock will be in Blue...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
This stock has recently completed consolidation phase as wave 4th, now it has confirmed that wave 5th has been started in which wave i and wave ii has been possibly completed and now wave iii has been started along with flag breakout with good intensity of volume in weekly time frame that could be continuous and momentum ride towards north direction. wave...
SRT Long pending Breakout. If it continues we can see 1800-2000 easily..
stock has been in a range of 20% for last one year. almost on the verge of coming near previous highs and once broken we can see a rally to match the market sentiments. as it has remained in consolidation for long we expect the upside should also be substantial.
I have shared a buy trade at the support on 19 Aug. Price was around 1260. Cmp is 1490 Fantastic 17% return. Now it will test ATH if range breaks. Final target 1890. It will be a 9 months consolidation breakout. Do not miss this out.
Shriram Transport Finance is trading at the lower range of the Triangle pattern and if stock sustains below 1285, we may see lower levels marked on the chart in coming sesisons. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Note: 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...
Detailed analysis given on the chart NSE:SRTRANSFIN
SRTRANSFIN 1. down side trend reversed 2. big insitutional player entry intimation of candle formed 3. rising wedge pattern take accuracy buy dip support level 4. inside flug pattern formed and break out soon 5. expected target level