Forming Symmetric Triangle Pattern Go long for Target 3250 take stop loss 2200 Resistance Breakout
SRF is ready for new territory Onnce cross 2610 new sky opens for 2800+ Option traders 2600 ce
NSE:SRF After Long-time Consolidation Breakout So watch For Holding
#SRF DTF price has been travelining with in a triangle from 2022 . now price reversed from support intersection and broken resistance line with good volume. good for short term Entry - CMP Target - Previous resistance Stoploss - below support line
Reason for long a) Weekly breakout b) monthly breakout c) consolidation breakout d) QQE breakout e) Vwap support f) SL compulsory
Descending Triangle Breakout Setup RSI near 65 and rising Trading above EMA50 Volume increasing Volatility contraction visible Disc: for study, not a recommendation
SRF fresh symmetrical triangle breakout, the stock needs to close above 2554 for the targets ranging to 2800 and long term open for 3300
SRF is looking strong for new up-move. It is breaking the trendline resistance and also previous swing levels 2520-2530 (resistance zone). Daily candle close above 2530 levels may confirm further up move. Targets: 2850, 3200, 3600 SL: Daily candle close below 2520.
BUY - SRF Entry - 2464.50 Target - 2637 to 2760 Stoploss - 2411
Expecting SRF to move upwards if market supports. Target and SL explained in the chart.
Incorporated in 1970, SRF Ltd manufactures and sells technical textiles, chemicals, packaging films, aluminum foils, and other polymers
SRF is showing signs of breakout in the weekly TF. Keep it on your watchlist
-Accumulation Phase: SRF Shares Gather Momentum in 30-Month Range of 2000-2500. Disclaimer: Information provided for educational purposes only. Trading involves risk. Conduct research and consult financial advisor before making investment decisions.
SRF looks very bullish. I feel it will touch 2480, 2500,2550,2600 in short term in 4-6 weeks. Also my analysis about SRF is 90% correct so please study and add your analysis as well.
Falling wedge seen on monthly chart. Daily chart reflect accumulation. Chemical sector might just bounce back soon.
SRF- Price is trading in the range from Sep'21. Price movement is narrowed now. Hopefully this time, price take one side. Reason to go long: Agrochemicals is in downwards trend. But market appreciates price before the sector revival, forward looking. My plan: Will do SIP. This time I will wait for few months to year. Exit if price goes below 2100.
Its near its 52 Week low. Dividend giving stock. Good ROCE ROE. Promoter Holding is good & No promoter Pledged. Debt is less than reserves. Demand Zones are marked as Green shaded horizontal areas. Resistances are marked as red horizontal lines. Stoploss is marked as orange horizontal line. Skyblue arrows Show bounce back points on Demand Zone. 200 EMA is shown...