BULLISH . TRADE wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
the stock recently broke its life high ie a multiyear breakout seen after 3 years . with a risk of average 20 % approx (which is least if considered a period of 1 year _) for a target not less than 50 -55 % i see the structure is nothing wrong and the stock ideally should perform
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
Wave 4 is getting completed and soon Wave 5 to start to take it to higher targets of 1600++ with SL of 1140/-
Consolidating in a Channel, once close above 1530 for bigger move
SRTRANSFIN IS AT SUPPORT. IF IT BREAKS 1133 LEVEL THEN IT CAN COME TILL 1100.
Triangle breakout, supported with volume and a Bullish Hammer candlestick pattern in the 4 Hrs chart