SHRIRAM TRANSPORTSRTRANSFIN, WEEKLY CHART
STOPLOSS 1116.50
TARGETS 1316, 1424, 1516, & 1625
SRTRANSFIN,Daily Chart
Disclaimer
My Studies are Educational purpose only
Please consult with your financial advisor before trading or investing
SRTRANSFIN
SRTRANSFIN on the Verge of Breakout - Target - 1250-1300++Bull Call Spread
+1x 28JAN2021 1080CE - ₹ 61
-1x 28JAN2021 1240CE - ₹ 15
Max. Profit - ₹ +91,200
Max. Loss - ₹ -36,800
Max. RR Ratio -1:2.48
Breakevens - 1126.0
Estimated Margin/Premium - ₹ +69,000
SRTRANSFINI'm not an expert I'm just sharing my views on SRTRANSFIN for next trading day
I'm not responsible for any profit or loss this is not a recommendation.
R-0183 Short Term Cash Buy SRTRANSFIN @700.00-705 SL 687 TGT 738Short Term Cash Buy SRTRANSFIN @700.00-705 SL 687 TGT 738
Reason:
Above VWAP + TK cross over with huge volume + Ichimoku cloud breakout + MACD cross over
SRTRANSFIN showing good supply.NSE:SRTRANSFIN
If you see daily chart of SRTRANSFIN chart is showing good supply.
As one can see on 1H chart after breaking out the resistance area of 689 stock not managed to sustained above the same and fall and break the support of 689 (Resistance Become Support). Seeing such scenario we can say Profestionals trapped breacout traders.
After breakingdown the level of 689 stock retest the same level and showing sign of selling from 689.
So we can consider this stock for low risk retest trade for short if below 679 with SL of 715.
SRTRANSFIN Long Target @ 1000 Swing (2-4 weeks)Disclaimer - Only for study puposes
Clear Bump and Run Pattern seen,
currently rise is at 30%,
soon before earnings report,
bump will be seen to 900/950/1000 levels,
adjust stoploss accordingly in
1:2, risk reward ratio.
**Please comment your views
SRTRANSFIN Bullish Flag Pattern, Long @ 700B - 700
T - 760,790
SL - 670
Please comment your views.
**Information provided is for educational purposes only
SRTRANSFIN | Who will finance it once more? As per Gartley long from 1440-45 for 1607. else as per other patterns long from 1400-1410 for 1630..
BUY SRTRANSFINCHANNEL BREAKOUT ON DAILY BASIS - BUY ABOVE 1344 FOR TARGET 1385 WITH STRICT STOPLOSS BELOW 1327
