Hello & welcome to this analysis Stock has been a rank outperformer giving multi bagger returns but after lengthly periods of sideways correctives as can be seen since its listing. Currently also in its corrective with no clear direction indication in any time frame. All the best
Hello Friends, Here we had shared possible wave counts of SRF Ltd. which is clearly showing corrective phase in current scenarios, After completing impulse move as 1-2-3-4-5 now we are in correction, which is unfolding as A-B-C as a zigzag correction pattern, which should unfold in 5-3-5 subdivisions, and already we had finished wave A and B, now possibly we are...
we analyzed 3 stocks #LT, #SRF, #HDFCAMC. there is good risk to reward ration in these stocks
Tradingview has recently introduced new Technical Indicators that can be used to identify chart patterns that can be used to predict future price movements and determine the entry point to a position. These indicators can be used to find the following chart patterns: Bullish Flag, Pennant, Double Top, Triple Top, Head and Shoulders, Triangle, Rectangle, and...
Entered SRF @ 11550 with stop of 11150. Targets are open. Will continue till strength is there.
The important Support and resistance levels are discussed in this Idea. You can watch out for the price movement at these critical levels and take trade. Always wait for the proper signals before taking entry. You can add these indicators that I have coded from public library or from my profile. You can send me a message here in trading view if you need any help...
We usually use negative in a normal way which means price making higher high and rsi not following the price but we have to take care that rsi should not break its previous low if the pattern needs to work it has formed a classical triangular pattern as price moved in a channel