SRF Swing Trade - Target 2500/2700++SRF Swing Trade - Target 2500/2700++
Use any dips to add SRF can do well hereon
#investing #trading #swingtrade #srf
SRF trade ideas
SRF Bullish; above 2316 on Wednesday 15 Mar for IntradayExercise caution as broader market is bearish.
Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours:
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1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
SRF LTD DOES IT READY TO TOUCH ITS HIGH?"SRF LTD DOES IT READY TO TOUCH ITS HIGH?" Risk rewards Looks favorable if its breaks.
Srf looks good for buying at 2070-2100 rangeIt’s demand zone in Srf stock alredy falled 25% a quality stock all chemical stocks were down due to low demand but now china is opening and demand can comeback on track i feel
SRF trendline breakoutStock has bounced from major demand zone and has given trendline breakout. Immediate resistance is at 2400 and next is at 2600.
SRF-2900 PossibleveSRF has given a breakout of a falling trendline. Can move towards 2900 levels and beyond as well. RS is also +ve. Best buy zone should be 2100-2170
SRFSRF is ready to move in bullish. with stop loss 2220 then targets are 2460-2600.
Buying Reason.
1 --> Price gives a Decent Up Move.
2 --> Price close above 20 and 50 EMA.
3 --> RSI is also cross 60.
4 --> ADX is also show the Bullish move and +DMI is rise.
5 --> Volume is also give a Breakout.
SRF Ltd Cmp 2114 dated 23-1-2023 Bottom OUTSRF Ltd Cmp 2114 dated 23-1-2023
Bottom OUT
1. Reversal sign from support.
2. RSI Divergence
3. Good risk reward ratio.
4. Scrip has corrected 25 % from top.
Buy above 2120 for target 2150-2225-2285-2340 SL 2050
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
Falling wedge pattern breakout in SRFSRF
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakout of falling wedge Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2845+.
✅Can Go short in this stock by placing a stop loss below 2080-.
✅breakout this can give risk:reward upto 1:4+.
#Srf cash : Looks good above 2250.10#Srf cash -Positional call
07.Feb 2023
Looks good above 2250.10
Stoploss 2200
Target 2310-2320/2400
Cmp 2205
keep watch on SRFsRF near to breakout it is near to 3rd touch of Daily trend
line and near to his weekly demand zone with good volume from last few days which indicate it can do breakout on upper side for tgt
near 2420 if we take buy position near 2250 and sl should be below 2170 ............this analysis is only for education purposes
Can go long in srfCan go long in SRF at CMP 2110 , It has given falling wedge Breakout &consolidation is going on from past 2 days.
TARGET - 2260/2345/2460/2515
SL - 2180 CLOSING BASIS
HEAD AND SHOULDER PATTERN (SELL SIDE)SELL BELOW: 1979
TARGET : 1039
Reason For Selling This Script :
In this script it has formed head and shoulder pattern in in monthly time frame. Once this price close below the 1979 in monthly time frame and then try sell. Waiting for neckline breakout.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target.
ALL THE BEST ..
SRF at its MAKE or BREAK point !!!!!SRF is travelling in a Descending channel pattern .
Now, it is at crucial point for either Breakout or Breakdown!!!
Make it to Watchlist !!
Will update the levels once it gives the movement with volume!!
Let's wait and watch how it moves!!!!
Note - Just sharing my view.....not a tip nor advice!!!!
SRF shortPosition ally Short SRF between 2670-2690 with SL above 2740
Target 1= 2220
Target 2 = 2100
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Question on SRFQuestion on SRF
Currently near small support
Risky since trend is negative
Long only above 2275
Sl should be below 2200
Falling wedge pattern reversal in SRFSRF
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Reversal of Falling wedge Pattern .
✅ It can give movement upto the Reversal target of above 2400+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 2930+ .
#Srf cash : Looks weak only below 2365 level#SRF cash for 3-4 days
15.12.2022
Looks good sell only below 2365
Stoploss 2406
Target 2332/2286
Cmp 2400.70
SRF - Resistance Breakout ViewSRF :
Immediate Resistance breakout possibility
Long above 2422 with support at 2400
