The 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.
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.
Note
target achieved
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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.