srf RSI divergencepositions can be made bcz of bullish divergence in RSI according to mentioned SL and target.
SRF trade ideas
SRF - a long tradeRSI divergence is clearly visible on this chart, breakout above 2230 generated the buy signal but I missed it. Today I bought this in anticipation of breakout from falling trend line. Safe traders can buy this on a successful close above this trend line.
Stop loss for this trade is daily closing below 2135. First target will be 2460 where I will revisit chart structure.
SRF Short setup ideaSRF Short setup
If this parallel channel breakdown, it may fall up to 2000, 1800, 1600, and 1400.
CMP 2300
SRF MAY - 22 future Entry at 2510 Due to Fed rate hike , Indian market are sold out every day, thursday market gained 300 point and friday mkt lost 300 points.
and may will be more volatile.
I am posting my entry for SRF , at 2510 , the reason is insider candle at 12PM IST.
it is possible it may go down in second half , will hold till 2480 ...... Thi is my entry range 1 lot in futures and sold 2480PE 1 lot ... lets how mow much we make. of this trade. Basically my view is bullish.
SRF sustaining above 2680 , futures 1 lot @2700Learning simple chart reading , LOOKING AT CHART and volume SRf should move towards 2733 and above.
2680 resistance is broken and consolidating above 2680. though market is falling for last two days , SRF is closing around same position.
I have 1 Lot here , looking for first tgt of 2733 if sustains.. will hold and until it retraces back to 2733, SL is is on ly 10pts , 2690 or 2685,
--> my actual trace is short selling two lots 2600PE and 2550PE.
Srf Srf ready for big upmove 🚀💀
Buy above 2663
Sl 2645
Tgt 2680 2700 2780+
Moving out of supply zone
Buy srf for short to long termBuy srf for mentioned short and long term Target
buy as it gave breakout above it's previous high
Chart structure looking favourable.
SRFAB=CD harmonic pattern is forming in srf stock ,i have been plotted prz 1,2 level please go through it.
SRF SWING TRADEPrior uptrend, nice base formation, Stage 1 Breakout above 50DMA, Strong relative strength w r t Nifty, RR 2.25, we can add 1/3 here and rest on upward confirmation with wide range green candle. Only for educational. I am not any registered analyst.
Buy at 2318 SL 2260 TGT 2331 and 2355Based on my trendline analysis. Please do your analysis before taking any trade.
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
#banknifty
#nifty
#chaiwithanoop
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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.
