Strong Support Zone 627-647, This is a good level for long for the target of 675/699/713 with the stop loss of 615.
Risk takers can accumulate from 660 upto 630 levels for the same target with same stop.
Check previous calls in SRTRANSFIN
**Educational Purpose Only
SRTTRANSFIN will be good above 735 if breakout happen with good volume.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
Levels are mentioned on chart for Swing trading.
Please check the description section for early entry level in given stock to get better Risk to Reward ratio.
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Early entry: 680
SL: 620
Target: 830
RR: 4.1
Thank you. Happy Trading!!!
Best...
Stock trading with trend line support, Expecting target 810-812 with SL 580
Good Buy range 625-640; Now it is trading above it.
if stock moves below 684 then Next buy range 645-661
If trade above 685 then Next targets: 715, 730, 748, 775, 789, 800-812
SL will be on Closing Basis, means stock need to trade above 580 between 3:25 ~ 3.30 PM
Posting for Educational...
SRTRANSFIN IS TRADING IN A CHANNEL AND HAS SUPPORTS AT 640 AND 607 AND IS CURRENTLY AT UPPER ZONE OF THE CHANNEL.BREAKING UPPER RESISTANCES CAN HAVE AN INITIAL TARGETS OF 725 AND 807 IN NEAR TERM WITH STRONG SUPPORTS NEAR THE BOTTOM END OF THE CHANNEL.
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 setup, if available then Long/short.
Reward is 8-10 Times
This stock is making a bullish 'W' pattern in smaller time frame.
Watch carefully in 15 mins & 5 mins chart.
Enter above 658
with target 670 & 675
trail SL as it can break its high today
USE Tight SL as market momentum is confusing!
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
![SRTRANSFIN: SRTRANSFIN [ POSITIONAL ] BULLISH setup](https://s3.tradingview.com/b/BqXQZOwq_mid.png "SRTRANSFIN [ POSITIONAL ] BULLISH setup")
