SRF looks toppy
SRF's monthly chart shows:
Bearish RSI divergence
Impending 5-, 10-month MA bear cross, nearly confirmed
MACD teasing a bearish flip.
The setup looks ideal for short trade for target of 2100-1800 with a tight stop above 2500. The CMP is 2456.
Bearish RSI divergence
Impending 5-, 10-month MA bear cross, nearly confirmed
MACD teasing a bearish flip.
The setup looks ideal for short trade for target of 2100-1800 with a tight stop above 2500. The CMP is 2456.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.