After retrace its respecting 50 Wk EMA....longs can be initiated with tiny SL for T1 , 150 but eventually it may BO above 150
Aggressive traders may short without confirmation by keeping strict SL 1040 in July Futures.
It seems we are near a swing top. Weekly candle formed typical long upper shadow / shooting star kind of candle found in previous swing tops. Aggressive traders may short in June series without waiting for confirmation candle next week with SL 9550 spot levels & downside target kept open.
Long Term Trend seems broken , utilize bounce to build shorts
Last few days selling visible, eventually may try to fill gap near 9225 zone
Recent weekly price action suggests weakness could persist further in coming month. Look to go short with SL 515 for 467-70 target to complete 50% Fib retrace & may reverse position thereafter i.e Switch to longs near 467 with SL 460
Respected 78.6 Fib & huge buying came. Good for positional longs. Keep SL round number 100 for atleast 170 target
SRF is in ascending channel structure, can go long with round number 1700 SL for Rs 2250 target (around 25%)