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After big bang entry & impulsive legup, stock is consolidating & poised to break out. First target comes to nearly 1775. Offers beautiful R:R
Long Term Trend seems broken , utilize bounce to build shorts
Last few days selling visible, eventually may try to fill gap near 9225 zone
Globally Big boys bullish on Airline stocks. Jet Airways structure looks bullish as explained on the chart. Above 730, we have to trail...
Structure broken! Down leg to continue... Short in Futures with SL 1050 for 900 (or below) target.
SRF is in ascending channel structure, can go long with round number 1700 SL for Rs 2250 target (around 25%)
Retest of RSI & Price support zone usually offers very comfortable entry opportunity with awesome R:R for medium to long term investors
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