SRF trade ideas
SRF-SHORT WITH PIVOT HIGH AS S/LVERTICAL BOX with swing high breaking below previous near high gives entry for short. current rally is also extended , we might see correction tto bottom of horizontal box. #box trading.
SRF Updtrend Bounce TradeEntered on 06 Aug 18 with a price of 1750 and a stop loss at 1686.05
TSL Updated on 13 AUG 18 to 1870
TSL Updated on 23 AUG 18 to 1926.10
Current Trailing Stop loss = 1926.10
In case of hitting stop loss confirmed profit of 176.10 points.
SRF LongEntered on 27 July 18 on 1694.10 with a stop loss at 1618.30
TSL 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% update on 01 Aug 18 from 1618.30 to 1686
TSL 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% update on 14 Aug 18 from 1686 to 1860
Current Trailing Stop Loss: 1860
In case of hitting Stop Loss confirmed profit: 165.9
Watchout for SRF @multimonth resistanceSRF on breakput of 1991 ->>>>>>>>
Have to check on monday closing
SRF Outside bar = Continuation of uptrend?SRF Outside bar = Continuation of uptrend?
Buy above Previous day's high 1940
SL = Low of previous day (agressive) = 1860
Target = 2050
SRF may reverse from 1900-1930Seems like SRF may reverse near 1900-1930. possible target is 1650 stop loss is 1972
SRF - TriangleSell below 1872 with the stop loss of 1885. Targets are 1860, 1845 and 1830. Buy above 1900 with the stop loss of 1885. Targets are 1915, 1930 and 1945.
Bearish Deep Crab in SRFL Who are all thinking to go long please verify this pattern before going to long Bearish Deep Crab in SRFl
SRF - round bottom complete. What next ?SRF completed round bottom
If momentum continues and Swing high is broken again, it will continue to rocket.
Buy if 1965 is crossed with SL of 1685 with Target of 2400
SRF- Long- verge of breakoutSRF on the verge of break out.
Buy above 1730.05
Target 1842.05
Stop loss 1681.05
Divergence with falling wedgeSRF Buy
Reason
1) stock down but stocastic RSI is up.....
2) falling wedge pattern
2) Rollover is very low...it means shorts are cover
3) Risk reward ratio is best..SL is previous low
Small Risk, Morning Star Reversal & Divergence We can observe that the lower low made is not supported by the indicators thus forming the divergence and showing the strength. It is formed Morning Star Candlestick reversal pattern which is reasonably reliable so one can buy the stock at current level by providing the appropriate SL. We can expect the target of 1815 which offers a good Risk to Reward trade.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Breakdown from its previous supportstock is in downtrend broke down from its previous support will lead it to next support
