Buy at 2318 SL 2260 TGT 2331 and 2355Based on my trendline analysis. Please do your analysis before taking any trade.
SRF trade ideas
SRF - headed towards prev highsNice breakout above the horizontal line. Faster retracement of last fall. Headed to prev highs.
SRF shortingBearish Pole and flag,
If goes below trend line and sustains for 15 minutes and form bearish candle stick pattern
Then Good shorting opportunity.
SRF - Long ideaBusiness line - Fluorochemicals, Specialty Chemicals, Packaging Films, Technical Textiles and Coated and Laminated Fabrics.
Chemicals Business generates about 43% of revenues.
2 components of Chemical business = Fluorochemicals & Speciality Chemicals
Packaging Films Business generates around 40% of revenues.
Technical Textiles Business generates around 14% of revenues.
Coated and Laminated Fabrics generates around 3% of revenues.
Presence in 90+ countries across the world.`
Market cap of 64,967 Cr
*** The demand for specialty chemicals is expected to rise at a 12% CAGR by FY 22
*** Fluorochemicals Market size expected to reach 70 bn by FY 24
SRF has it major revenues being generated from the above mentioned industries, which are poised for a good growth.
The stock looks to completely move out of its support area and has shown strength in buying.
Expected good returns on a long term perspective.
Immediate Target price - 2538
SRF - RSI assisted reversal of polarity.
1. Regular bullish divergence
2. Support at POC.
3. Bullish piercing pattern at demand zone.
Once can enter with a SL of yesterday's low.
Buy Tata Steel target 🎯 1700Buy Tatasteel target 🎯 1700 because if it sustained on its major Resistance It will go till 1700
SRF | How Perfectly It's Following it's Trend Line Go Long
Pefectly following Trend Line
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THESE EVERGREEN STOCK IS READYING FOR NEXT JUMP.Chart is self explanatory. Standard disclaimer: THIS IS MY PERSONAL VIEW NOT A TRADE RECOMMENDATION.
SRFFlag and Pole Breakout, All key levels are mentioned in chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
SRFKey levels are mentioned in chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
SRF...lets find supportas per hormonics its near support.. one can go long with SL 5090 on Daily time frame
