mufeethmohd

Shriram Transport Finance Reversal Trade

Long
NSE:SRTRANSFIN   SHRIRAM TRANSPORT
The stock has reached lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby along with 200 EMA .
Risk Reward Ratio - 1:1
SL is placed below multiple major support zones + 200 EMA and target is placed near upper trendline and swing high.

Note: As the results are not up-to the mark, this is a high risk trade. So please enter with caution.