SRF trade ideas
[Positional] SRF Short IdeaNon Harmonic PRZ.
Do not have time to draw. Shorting on fut dot 3000. Will tell on exit.
SRF breaking above all time high - Do you believe in buying a stock when it breaks above all time high or you are a pull back guy?
#SRF CASH : LOOKS GOOD ABOVE 2930.10#SRF CASH
14 JUNE 2019
LOOKS GOOD ABOVE 2930.10
STOPLOSS 2910
TARGET 2948-50/2965 IN 2-3 TRADING SESSION
CMP 2919.50
SRF. history of Doubles tops.SRF had formed a double top on Daily charts around 2960 2980.
previous occasions it had formed double tops. it has gone through a big correction
something to watch out for..
SRF @ Terminal PointSRF should perform mean-reversion @2750, Look for Shorting opportunity after Strong Closing below 2925 with 3% or HighestPoint Closing Basis SL
do refer below given image of Major Analysis :
if you have any queries regarding above idea or any other stock feel free to D'M
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#SRFStrong support from EMA 21
Retraced from 38.2 fibo level
In free conductive zone can touch 2287 and then 2409
Reversal confirmation
