SRF origin point EntryPrice has given good reaction from Highlighted demand zone and now price is about to retest the Demand zone. Marked is the origin of Demand Zone.
SRF trade ideas
SRF - Weekly AnalysisIn the Weekly Chart of SRF ,
we can see that; it is forming Pole & Flag pattern.
Also, hammer candle is formed on W breakout Trendline.
Enter on breaking Hammer candle's High with Low as SL.
After entering hold at least for an year for better % of returns.
SRF Ltd : Support from Weekly TF Zone and consolidation BreakoutSRF Ltd. has shown a clear Support by reversing from Weekly TF zone.
After this breakout it has consolidated for 3 weeks and gave a clear breakout backed by volume.
It may move upto now from current levels to TL rejection level or may move to ATH.
SL can be placed below consolidation zone on closing basis.
DISC: Please consult your financial advisor before taking any trade. I am not a SEBI registered analyst.
#Srf cash : Support zones at 2260/2200#Srf Cash -Positional
22.09.2023
Buying zones for SRF delivery at
2260/2230/2200
SL 2150
Tgt 2440/2600
Cmp 2261
SRF FLAG MONTHLYkeep track of srf pole and flag pattern in month and week time frame.
for educational purpose only
SRF - Low Risk SetupThe stock has taken support at the shown trendline third time in the last year. If bounces back again, it can be a good opportunity with a good risk-reward setup.
If goes bullish, humble targets may be 2350/2470. Sustaining below 2130 will weaken the strength.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
SRF CAN IT BE A BUY ON THESE LEVELS Hello Friends,
Last month we have seen a small buying interest in many chemical stocks due to Chinese negative sentiments excluding SRF. In August few brokerage firms intiated buy call for this particular stocks that's the reason it didn't performed well as we all know how the buying calls Game Works. I have been tracking this stock from last few months.
We can buy SRF 2400 CE Options September Expiry Currently Trading at 59.90 it will cost you around 23000 to buy this option.
This OPTION CE looks very bullish besides the stock is being trading in a narrow range. It's a bit risky but worths a buy.
Target of this OPTION CE can be 275plus.
For more live trade you can subscribe to YouTube channel @brainvehicle
Disclaimer-Option Buying is Risky.
Swing trade in SRFSRF Ltd. engages in the manufacture of chemical based industrial intermediates. As per the monthly and weekly chart, SRF is trading in a sideways range and never closed below the price of 2168 on monthly chart from last six months. Also, it has given breakout of daily and weekly timeframe.
On weekly chart, price has shown strength and closed a healthy candle. Also, it has tested ites immediate resistance of 2290.
On daily and hourly timeframe, we can see that this stock has changed its structure and now heading to upward.
To initiate a new position in this script, there are two possibilities.
1. As per the hourly chart, it is in pre-breakout stage. Agressive traders can initiate position at CMP. Safe traders can enter after breakout and confirmation.
2. As per the daily chart, price may come down to 2150-2190 to retest the breakout and pick the demand from here to start the upward journey. Agressive traders can add more quantity at this price levels and safe traders can initiate new position.
Targets are mentioned on the chart and SL will be swing low. Once any of the two conditions fulfilled, SL can be immediately trailed to the nearest swing.
Follow your risk management.
Happy trading :)
SRF - Turning Bullish
Author uses Gann, Fibonacci and Wave Analysis along with his own unique personalized indicator which make analysis of any level very easy. Avoids cumbersome Price, Time and Volume Analysis.
Helpful in Swing, Long- Term and intraday analysis.
Buy SRF above Fibo Level - 12 of 2368.8 and expect Level of 2895.6 in the long run.
For Swing Trading of any stock buy at 'c' Level of previous wave and expect target of 'e' level of next two ways. For example, if price crosses 'c' Level of Wave 7 Enter at that level and expect a target of 'e' level of Wave 9 as shown in attached 1 hr chart.
For execution, use other indicators like Williams %R, EMAs etc.
Disclaimer: There is no recommendation to Buy/Sell. This is just for educational purpose. Author is not a SEBI registered Analyst.
Together we grow, happy to share!
Hedge Trading Stock Entry in $NSE:SRF Dear Followers,
I trust this message finds you in good health. I am writing to inform you about a potential hedge trading opportunity that has arisen in the market. Given our commitment to managing risk and maximizing your portfolio's performance, I wanted to provide you with the details of this hedge trade for your consideration.
Trade Details: Aug F&O
Symbol: NSE:SRF
Entry Price: Sell Below 2265
Hedge Instrument: 2260 Ce
Hedge Entry Price: 68-70
Stop-Loss: 2290
Hedge Stop-Loss: 35
Target Price: 2200
Expected Holding Period: 3-5 Days.
Risk Management:
Hedge trading is designed to mitigate potential losses and reduce risk exposure. Please ensure that you carefully adhere to the outlined risk management strategy, including setting appropriate stop-loss levels for both the main position and the hedge.
Should you decide to proceed with this hedge trade, kindly execute the respective entry orders as provided above. Please be aware that market conditions can change rapidly, and it is essential to monitor both positions closely.
Should you have any inquiries or require additional analysis concerning this hedge trading opportunity, please do not hesitate to reach out. Your financial objectives and risk tolerance remain our top priority, and we are here to support you in making informed decisions.
Best regards,
Ajay Metha
SRF Bulish for SwingSRF Making Bat Pattern
Buy Above 2254
SL 2160
Target 2410, 2590
I am Expecte to Following Days Chemichal Sector Bullish
Educational Purpose Only
#SRF Cash : Looks good to do SIP at 2250/2200/2150#SRF Cash -Positional call
01.08.2023
Best stock to add in Portfolio at 2250
Stoploss 1950 Tgt 2600/2800/3000
Cmp 2251
SRF, Trying to make W pattern There is Doji+hammer on weekly chart, generally these type of pattern can gives good up move if all the factors of markets are neutral or positive obviously,
So i think there is two big factors for bullish trend in next season, 1st is W pattern, 2nd is just like old time support taken on this levels with Doji+hammer..
Keep eye... 👁️
Price can move 2300,2340++
well i am always with scalping
:- who wanna safe trade can enter on 2278, Trail after that...(scalping)
bullish wait for green weekly candle2040 demand zone ....
2400 target minimum
;
wait for green weekly candle
SRF LTDPlease note this is for education purpose only. Please do own research before you take a trade.
SRF 1dtf at good support SRF 1dtf is at good support nice place to accumulate
Stock is reacting nicely for the support
Very less stoploss and good risk reward
Be cautious trade with stop loss might breakdown also because market is at its peak
Bullish for long term with weekly strong support Bullish for long term with weekly strong support
Good fundamental stock
Future looks positive for chemical
Support on monthly and weekly time frame
Just bounce from the weekly support.
SRF Swing trading chanceSRF can bounce back from the current level.
Keep it on your list and look for opportunity.
Thank you,
Purus.
SRF at imp supportSRF is at its important support level, taking support for the 3rd time now, and can take a swing with an 8-9% SL % and a 30% potential upside, almost a1:3 (R: R).
