SRF trade ideas
SRF - STUDY PURPOSEThis chart is an entry in my diary.
I'll track it for study purpose.
Any views are welcomed on how the stock will behave.
srf expect a minor pull back stock seems to consolidate after big down move expect a bounce towards 1636 entry around 1595 sl1561
Buy SRF Ltd.SRF breaks above cumo cloud;
breaks above the flag;
moves above recent high of 1705;
ADX showing strong trend;
Buy SRF Targets - 1775 1815
Stop loss - 1655
Short SRFIntraday of for couple of days:-
SRF Can be shorted for target of 1820
SL- 1910
A decent risk to reward.
Like it if you love it :)
SRF in uptrendSRF recently broke out of it's triangle formation above 1450 and continues to ride the momentum in it's final 5th wave UP.
Likely targets are 1850 and above
