INVERTED HEAD AND SHOULDER IN 1 HR TIMEFRAME. BUT NOW IN 15 MIN LOOKS NOT A UPMWARD, BUY ABOVE 676 IS GOOD FOR BULLS OTHERWISE STAY LIGHT IN BULLS,,LEVELS WERE MARKED
Im not an expert im just sharing my views on SRTRANSFIN for tomorrow Im not responsible for any profit or loss this is not a recommendation
Im not an expert im just sharing my views on SHRIRAM TRANSPORT SRTRANSFIN for tomorrow Im not responsible for any profit or loss this is not a recommendation
AFTER A LONG FALL ASCENDING CHANEEL BEAUTIFULLY FORMED ON 1H TF BREAKOUT BHEE DIKH RAHA HAI DOWN SIDE LEVEL MARKED ON CHART LET US DISCUSS TOGETHER IT WILL OR OR ITS A FALSE BREAKOUT
In the Daily Chart, we can clearly see that Shriram Transport Finance is going to break symmetrical triangle pattern formation. Take long positions guys, we will definitely achieve our target.
Shriram Transport Finance Company Limited : Life Insurance Company ( NSE:SRTRANSFIN ) is Making Strong SR Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke...
a. Zone: Strong Bear b. Resistance 1: 762.30 c. Resistance 2: 798.60 d. Support 1: 653.40 e. Support 2: 544.50 Srtransfin is currently trading at 652 which is very close to its first support. One needs to keep patience to see the price movement at this level. If it breaks below this level then next support will be at 544.50 which is approx 17% down.
This is my personal view, do your own research before trading or investing.
Im not an expert im just sharing my views on SHRIRAM TRANSPORT ,SRTRANSFIN for tomorrow Im not responsible for any profit or loss this is not a recommendation
Major resistance @ 780/800 BEWARE OF FALSE BREAKOUTS THIS IS ONLY FOR EDUCATIONAL PURPOSES. THANK YOU HAVE A GREAT DAY!!
Triangle breakout, supported with volume and a Bullish Hammer candlestick pattern in the 4 Hrs chart
Big breakout on daily candle chart in Shri Ram Transport Finance can give a big move
SRTRANSFIN:- BREAKOUT WAITING KEEP EYE ON 770/800₹ BREAKOUT WAITING ASCENDING TRIANGLE PATTERN SEEN 800₹ ABOVE BOOM TARGET SEEN 900₹++
Once the weekly candle closes above 732 on short-term target will be 200Mvg in the chart and Medium term will be 960.
Buy above 723 closing of weekly candle target of 935 on short-term| once triggered will post stoploss
The graph has entered a strong demand zone right now. Today's trend could to be bullish. However the rise would only be for a further fall. Going Long would be beneficial as of now till the price reaches 688 . BUT If the trend falls even below this strong demand zone, then go Short. (This is a trend-based analysis and prediction; one must trade at his/her own risk)