Shriram transport finance Shriram Transport finance ..from 2008 beautifully following the channel...now it's trading bottom of the channel good risk reward trade CMP:1230 sl: 1025(wcb) target top of the channel
Note: educational post
SHRIRAMFIN trade ideas
srtransfin 1 year view the stock recently broke its life high
ie a multiyear breakout seen after 3 years .
with a risk of average 20 % approx (which is least if considered a period of 1 year _) for a target not less than 50 -55 %
i see the structure is nothing wrong and the stock ideally should perform
SRTR BreakoutSideways breakout of SRTR with probable targets. SRTR was in sideways for long. Recently price has broken the range bound of weekly. It seems like consolidation period of SRTR is over. Hence we can expect a rally. Chart Pattern Flag & Pole.
Srt finance BUY ABOVE 1351Conditions
Market sentiment must be positive
Price must be sustained at that level
Educational purpose only
Srt finance sell below 1311If market is negative then short it
as three times want to break down side
and make a bearish single
Shri Ram Transport Fin. Bearish Trend !TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk:Reward: 8-10 times.
#SRTRANSFIN - bullish setup - inverse head and shoulder breakout#SRTRANSFIN - bullish setup - inverse head and shoulder breakout
SRTTRANSFIN - Shriram Transport finance Triangle breakout, supported with volume and a Bullish Hammer candlestick pattern in the 4 Hrs chart
Strong Sell SRT Finance below 573.5 TargetStrong Sell SRT Finance below 573.5 Target 566 and Psychological level of 550 3rd target at 525 which will be achived in 2 to 3 trading sessions.
Trying to pop out from a compressed Triangle....Look at the RSI AND MACD perfect to go long with STOP @ 1030; Currently cmp 1079 tARGET 1150/1225
safe range trading stock for investmentbuy at current levels
and on any deep down
sl below 800
target 1300, 1700
Shriram Transport FinanceStock has formed Bullish Alternate Bat Harmonic Pattern on daily chart.
Breakout on trend line.
Bullish Divergence on RSI.
