SRF trade ideas
SRF 2450>>> 2800+Incorporated in 1970, SRF Ltd manufactures and sells technical textiles, chemicals, packaging films, aluminum foils, and other polymers
Bullish Momentum: SRF Shares Surge Above 2530-Accumulation Phase: SRF Shares Gather Momentum in 30-Month Range of 2000-2500.
Disclaimer: Information provided for educational purposes only. Trading involves risk. Conduct research and consult financial advisor before making investment decisions.
SRFFalling wedge seen on monthly chart.
Daily chart reflect accumulation.
Chemical sector might just bounce back soon.
Can go both waysSRF-
Price is trading in the range from Sep'21.
Price movement is narrowed now.
Hopefully this time, price take one side.
Reason to go long:
Agrochemicals is in downwards trend. But market appreciates price before the sector revival, forward looking.
My plan:
Will do SIP.
This time I will wait for few months to year.
Exit if price goes below 2100.
SRF LtdIts near its 52 Week low.
Dividend giving stock.
Good ROCE ROE.
Promoter Holding is good & No promoter Pledged.
Debt is less than reserves.
Demand Zones are marked as Green shaded horizontal areas.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Skyblue arrows Show bounce back points on Demand Zone.
200 EMA is shown as white line.
Levels:-
Buy Near 2000
Stoploss 1700
Swing Tgts 2530 - 2875
Long Term 5000
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
SRF - Weekly AnalysisIn the Weekly Chart of SRF ,
we can see that, it is at decision making point.
expected momentum is shown in chart.
SRFDescending triangle going to breakout upside. in the middle of swing we can see good volume. Stock may move up side from here.
SRF LongKeep add SRF.. Best Fanda stock in the chemical sector.. Lots of capex & multiple sector market leader all in one place.
SRF - Short tradeWith the company reporting extremely poor exports the stock could fall further.
Short below 2288 with a SL above 2350.
The stock would break down and could reach 2075.
A better time to take this trade is when the markets are in the red.
#Srf cash : Trendline breakdown seen#SRF Cash -Positional call in 15 days
09.01.2024
Looks good sell around 2342-2350
stoploss 2405
Tgt 2220/2160/2125
Cmp 2312
SFL 2500SFL go long towards 2500, 2600+
This is just a study, no trade recommended. But the stock is good and has good fundamentals. Good for investment.
Easy 25% move possible from here-flag breakout
-long consolidation after bullish move
-triangle breakout
-volume increasing slowly
-keep in radar it can give good return
SRF : Trend line breakoutthere are multiple support formed at the bottom with the pin bar and trend line which is acting as resistance is broken now
SRF LTD Srf ltd is in do or die condition
Sideways from more than 500 days
buy above 2500
short below 2100
thanks
SRF LTD Making a "W" Pattern Good sign for Ready to BoomHi Friends,
Here I am analyzing SRF LTD Making a "W" Pattern Good sign for Ready to Boom,
What's your view ...????? Comment
SRF - 30% upside potential-Triangle PatternSRF has formed triangle pattern and the breakout level to confirm upside momentum is 2400. Once we see a daily candle close above 2400 levels, it is good for further upside momentum.
Target: 3100+
SL: Daily candle close below 2310
Trend Reversal Possibility in SRFSRF Trend Reversal Possibility in SRF. Good move upside expected on breaking marked levels. Keep in watchlist. It can give good targets in short term.
SRF - Catch at the lowest
Presented are the Swing Levels of SRF. It has greatest of the supports at this level. Today's candle 11-1-23 11:22 AM is very important. Mark high and low of this candle and trade accordingly.
You may please vouch that my time levels are always on dot.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses.
Let you grow. May! I follow you.
#srf - multiple lower high formation since Apr-22 on weekly TF#srf - multiple lower high formation since Apr-22 on weekly TF.
Looking at market conditions - support seems to be broken and target of 1480 is open.
In case, any LH is broker then we can new Life high.
PS : Only for learning purposes. Pls observe.
SRFLTD TARGET 2284 STOP LOSS 2078Scrip is a very good retracement from the strong support and demand area of 2078 from weekly and day bullish engulfing. short-term target is 2284.
