SRF trade ideas
SRF - Double TopSRF Ltd. NSE:SRF has formed a clear Double top with Negative Divergence.
To me looks like it is slowly moving towards ~ 2000 levels guys.
2300 can be a good resistance on the upside.
However one needs to watch out for result on May 17.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
SRF is a buy on dips to 1960-1966 Stock has given good breakout out of symmetric triangle and done a retest of triangle breakout!! Buy on dips with stop below 1880
SRF-Cup & HandleSRF stock in daily chart there formed Cup and Handle pattern and now moving according to that. Stock Cna hit 2050 soon as there is support level at 1940.
SRF - Will it show 2400+ by Feb. End ?Buy Here at CMP 1955
Stop - 1780
Targets - 2400+ in next 2 monhs
SRF - CUP & Handle PatternNSE:SRF has formed cup & Handle pattern.
One can long above 1912.30
Target 1 - 2116.60
Target 2 - 2332
SL - 1748.35
Symmetrical Triangle breakout in SRF#SRF (CMP 1830) has given a BO on weekly charts from a symmetrical triangle pattern. RSI has also given a BO in October 2017. Put a SL at 1727 for a primary target of 2360
SRF CASH : Highly bullish once sustain above 1800Short term - Buy SRF CASH ABOVE 1800 STOPLOSS 1765 TGT 1824-1830/1850/1895/1940 (CMP 1757)
(Highly bullish once sustain & close above 1800)
(Level valid till its not triggered)
SRF - Double Bottom reversal & Symmetric triangle NSE:SRF has reveresed from its long time support forming double bottom and now its forming symmetric triangle
One can go Long on SRF after successful break out of the triangle
Long above 1781
T1 - 1929
T2 - 2073
SL - 1669.30
SRF - #WatchlistThe stock made a huge bullish engulfing candle on Friday wiping out weak hands in the stock! The has historically seen resistance in the band of 1785-1753, a clean breakout + close above the region can trigger good times for the stock!
Pennant pattern breakout Target Suggest to be 1700/1740/1790Buy cash above 1680 SL 1660 Tgt 1698-1700/1720/1790
(Pennant pattern breakout above 1680 only)
ascending triangle noticed. Srf keeping stoploss of 1510 go long, , once it crosses 1640 you will see huge brekout to the upside.
SRF EW analysis - sub wave C of wave (2) is going on here.In monthly, ew count shows that sub wave C of wave (2) is going on here.
Here are the fractals of wave (2) in daily,
fibo extension of sub wave C. . 1(1251), 1.272(1085) quite possible here.
fibo retracement levels for wave (2). .382(1235), .5(1000) quite possible here.
Possible day trade set up I am only looking for day trade in this stock , I am looking for small pull back in order to Go long for very short range Target 1 and if i am lucky i will be trailing my stop for Target 2
Regards
Buying opportunity in SRF LTDBuy at current market price with stop-loss of 1498 on closing basis for target price of 1696 and 1859...
SRF near resistantSRF closed on 1561.8 on 26july 2017 one can consider it for august series if SRF give closing above 1575 as it is 1st resistan of 78.6% retracement
Inverted H&S - SRFSRF can be good bet for long if it gives break out as per the pattern mentioned.
One can wait for breakout and enter for said targets.
