SRTRANSFIN (Shriram Transport Finance Company) SELL BELOW 1060
Making a falling triangular pattern, breaking the lower trendline will have more selling pressure.
Sell at 1078-1080 Stoploss 1092
Tatrget 1050-1040
Reasons For Trade- 1.Channel resistance on 15 minute chart 2. 200 Days EMA resistance near 1085 3.Daily trend is Down 4.Risk Reward More than 1:2
SRTF Sell at CMP 1097 Stoploss 1127.50 Target 1060-1043 Resons For Trade- 1.Beaish Englufing On daly Chart 2. Daily Trend Is down 3.Price broke 15 Minute channel .4 Price Closed below 50+200 Ema on 15 Minute Chart 5. Risk Reward Ratio More than 1:15
Hi all, SRTRANSFIN look completed it's corrective structure for corrective uptrend watch for Breakout for potential long opportunity
***Use Proper Risk and Money management Rule if you don't had a one please LEARN IT !!!! and meanwhile watch the play Please don't trade
"Market has Full Opportunities "
If you have any Question feel free comment below and don't...
Shriram Transport Finance Company Limited (STFC) is an asset financing non-banking finance company. The Company is engaged in providing finance for commercial vehicles and other loans. The Company operates through financing segment. The Company operates through a network of approximately 850 branches. The Company is engaged in pre-owned commercial vehicle (CV) financing business. It services include lendings and deposits. The Company offers lending for heavy duty trucks; medium, intermediate light duty truck; pickup truck and mini truck; passenger vehicle; farm equipment, and construction vehicle and equipment. The Company offers services to similar asset classes (pre-owned and new commercial and passenger vehicles, tractors, three wheelers and multi-utility vehicles) and ancillary services, such as finance for working capital, engine replacement, bill discounting, credit cards and tire-loans as holistic financing support. Shriram Automall India Limited is the Company's subsidiary.
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SRTRANSFIN
![SRTRANSFIN: [Positional] Srt Transfin Swing Bet](https://s3.tradingview.com/i/iJkbOyFW_mid.png "[Positional] Srt Transfin Swing Bet")
