SRF trade ideas
#SRFStrong support from EMA 21
Retraced from 38.2 fibo level
In free conductive zone can touch 2287 and then 2409
Reversal confirmation
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.
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