SRF Ltd : Support from Weekly TF Zone and consolidation Breakout
Updated
SRF Ltd. has shown a clear Support by reversing from Weekly TF zone.
After this breakout it has consolidated for 3 weeks and gave a clear breakout backed by volume.
It may move upto now from current levels to TL rejection level or may move to ATH.
SL can be placed below consolidation zone on closing basis.
DISC: Please consult your financial advisor before taking any trade. I am not a SEBI registered analyst.
After this breakout it has consolidated for 3 weeks and gave a clear breakout backed by volume.
It may move upto now from current levels to TL rejection level or may move to ATH.
SL can be placed below consolidation zone on closing basis.
DISC: Please consult your financial advisor before taking any trade. I am not a SEBI registered analyst.
Trade active
3.5% gains so far.Note
Retest Entry triggered for fresh buying as wellTrade closed: stop reached
SL Reached for this and fresh entry is applicable on the same levels.
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