SRF trade ideas
SRF inside bar trade Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
SRF..short term double top??SRF likely formed a short term double top near the previous all time high..look to sell on any rebound to 2450 cash price with stop at 2475
SRF - LongSRF
Closed price : 2295.15,
Once closed above : 2304, then
Tg : 2350, 2380, 2400
SL : 2254
SRF..at resitanceSRF has been a strong stock.but might for a short term correction..faces a tough resitance
might test 20 dma.
NOte: this is for educational purpose only.
please give a feedbaack and hit the like button if you like the idea:)
SELL SRF1)Double Top Formation
2)Bearish Butterfly pattern
3)Bollinger Band resistance
As shown in chart whenever stock break 2200 level it rapidly moves down and Simple moving average acts as support.
So it can move down up to 2140/2100/2040....
SRF Weekly call Sell below 1940 Target 1880/1820 SL 2000SRF Weekly call Sell below 1940 Target 1880/1820 SL 2000 ( Closed Basis)
SRF-LONGDescription in chart
Safe Trade - Sell 1950 PE at 2.8 this expiry
Aggressive Trade - Sell 2000 PE at 7.
