SRF trade ideas
SRF Breakout After a Long Consolidation – What’s Next?Market Overview:
SRF has finally broken out after a prolonged consolidation phase that lasted from September 2021 to March 2025. This long period of sideways movement indicates a time correction, where price remained within a defined range (₹2,865 - ₹2,002) instead of a sharp decline.
Step-by-Step Analysis
1. Breakout Confirmation & Market Structure
📌 Previous Range: ₹2,865 – ₹2,002 (Time Correction Phase)
📌 Breakout Attempt (Jan 31): Price crossed the range high but failed to sustain.
📌 Swing Low Support: ₹2,764 held as a strong demand zone.
📌 Current Price Action: Price has successfully closed back at the all-time high, confirming strength.
✅ This signals institutional accumulation, increasing the probability of an uptrend continuation.
2. Trade Entry & Execution Plan
📊 According to the Darvas Box method, the breakout level lies between ₹3,000 – ₹2,900.
🔹 Entry Plan:
Aggressive Traders: Can enter within ₹3,000 – ₹2,900 for a swing trade.
Conservative Traders: Can wait for a retest near previous swing low before entering.
🔹 Stop-Loss Strategy:
Ideal Stop-Loss: ₹2,650 (Below recent support levels).
Adjust based on risk tolerance.
3. Profit Targets & Risk-Reward Ratio
📈 Projected Price Targets:
1️⃣ ₹3,500 – First swing target.
2️⃣ ₹4,375 – Second major target based on breakout momentum.
💡 Risk-Reward Calculation:
Entry (₹3,000 – ₹2,900)
Stop-Loss (₹2,650)
Target 1 (₹3,500) → Risk-Reward Ratio ~ 2:1
Target 2 (₹4,375) → Risk-Reward Ratio ~ 4:1
Final Thoughts & Caution
✅ SRF is showing strong bullish momentum after its long accumulation phase, making it a high-probability investment opportunity.
✅ A retest of previous resistance-turned-support can provide better confirmation.
⚠️ Risk Management is Key: Always analyze price action before investing and adjust stop-loss levels based on market behavior.
👉 Will SRF sustain this breakout, or is a deeper retest required? Let’s analyze further! 🚀📊
On January 31, the stock attempted to break its previous range high but failed to sustain, leading to a pullback. However, the price found support at ₹2,764 (previous swing low) and has reclaimed its all-time high, signaling strong bullish intent on the daily timeframe.
SRF: Breakout of Symmetrical TriangleA symmetrical triangle is a chart pattern in technical analysis that forms when the price consolidates with lower highs and higher lows, creating a converging triangle shape. This pattern indicates a period of consolidation before the price breaks out in either direction.
SRF stock has already given a bullish breakout. One should go long on the stock with Stop loss below 2550 for the measured target of 3475-80 zone.
SRF looking to break out Nifty has been on a downtrend for a long time, but some stocks are strong as they are going against the trend.
SRF is one of those stocks. It is relatively strong as Nifty is falling , the stock is building the base. Today's volumes were good. The stock needs to move above 2880-2920 range. IF that happens then 3100-3200 range awaits.
I don't have any idea how it will react to tariff news tomorrow but if it can weather the storm them a good up move awaits.
SRF Limited - Entering Phase 2 (Market Participation Phase)SRF Limited has given a breakout from an accumulation zone, and has come back as a pullback to the zone. Best zone based on reward:risk.
Material for informational purposes showing particular theoretical setup, not a trading advise. Kindly consult your financial advisor prior to entering any positions.
SRF Flag Pattern BreakoutIn my view, the SRF flag pattern formed after an uptrend. Following a sharp weekly upward move (the flagpole), the price consolidated into a sideways flag before breaking out to the upside. The chart clearly illustrates this, with all key details marked for easy understanding.
After 3 years consolidation SRF On on a ride After 3 years Long consolidation now a Clear cut monthly Break out in Srf ltd with high volume. Also a monthly volumes breakout happan is same time 200 candal volume avarage break 1st time after 2022, and Now I seeing a strong volumes relation in all 2020 to 2022 winner.
Potential upmove - SRFCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Stock is in RADAR SRF - Breakout in Weekly and Daily Time frame.Stock is in RADAR since previous year but the stock consolidated for a long period and now breakout happen. Script supported by huge volumes opened Gap up bouncing from demand zone now trading at major supply area (rejection zone) around 2660. Keep watch for sustained momentum to give new highs.
1. Price Consolidate since 2021.
2. In Weekly and Daily Time frame, breakout looks solid and we can expect good returns in long term.
Chart is self explanatory.
Weekly time Frame -
Daily time Frame -
SRF Good to rally up if holds above 2355 on daily chartNSE:SRF has broken out of a downtrend with strong buying momentum. The breakout indicates a potential upward move.
- The price has decisively crossed the trendline, confirming bullish sentiment.
- Increasing volume on the breakout confirms participation by buyers.
Entry Point: Around 2,325 INR (current level or on slight pullback).
Stop-Loss: 2,220 INR (below recent swing low).
Targets:
Target 1: 2,500 INR.
Target 2: 2,625 INR.
Monitor the price action closely for sustained momentum above the breakout zone.
🔴 Disclaimer - Not a Buy/Sell Recommendation.
TrendX Institute of Technical Analysis
(A Unit of Candlestick Institute OPC Pvt Ltd.)
GSTIN NO. - 07AALCC8499B1ZA
SRF S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Bearish Rising Wedge on SRF LtdThe 1-hour chart for SRF Ltd (NSE) indicates a bearish rising wedge pattern. The price is moving within an upward sloping channel, suggesting a potential reversal to the downside.
Current Price: 2,351.45 INR
Resistance Level: 2,419.30 INR
Support Level: 2,292.30 INR
The pattern suggests a weakening bullish momentum. A break below the support level of 2,292.30 INR could trigger a bearish move.