It has formed a perfect 1-5 Elliott wave pattern and also taken its ABC correction. Now this stock is ready for next 1-5 elliot wave move. Buying levels and sl is given in charts.
Stock closed above 6 months range and recent high too. Seems good long setup for short term and long term. Can do 1500 in short term, 1600,1700+ and much more in long term SL : close below 1210 -Saptarish Trading.
SRTRANSFIN 1280 cmp Stoploss at 1200 cb Target 1500-1600+
Forming double top pattern and broke the low of the previous support zone. As the market is also in downtrend it is expected to give a good fall. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please analyze...
SRTTransFin may drop a little. We may see Shriram Transport finance - 1062 by 2nd Feb.
SRTRANSFIN is a good profitable trade in short term. Important Levels are marked in the chart.
I talk about how the major indices are placed on a weekly level and discuss the top performers and top losers of last week. Curious to hear your thoughts as well!
All the details are mentioned in the chart. Sell below - 1350 Targets mentioned in the chart above. RSI in Weak Zone MACD bearish Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will...
Shri ram transport near to prz of gartley and in weekly demand zone. Target on chart
NSE:SRTRANSFIN has formed a H&S pattern and right shoulder got completed today. Note that this does not necessarily mean that stock will start falling right away. Wait for 1-2 days and see the price action. Even when it breaks, expect a pullback. Keep and eye!
SRTRANSFIN 4hr Chart forming a possible Head & Shoulder pattern. 13 Dec 2021
current market price 1602. target 2268 duration 3 months
SHRIRAM TRANSPORT attempting intraday breakout 8 Month Long Base Very strong momentum More than average volume Price above 200 DMA Earnings coming up
why don't we look at the chart from all the sides?
When a stock has a strong impulse move on the upside it should consolidate for a while when the consolidation is over with any pattern like double bottom ,traingle pattern or head and shoulders pattern it should break on the direction that the impulse move had happened incase of any vice verse direction breakout it will be a stoploss hunting Refer chart for details
STR FINANCE seems short: 1. Daily time frame tringle broke down 2. near swing low and important support once broke it may fall. 3. RSI negative diversion 4. weekly CPR to be break once break it could be short candidate
NTRADAY & POSITIOAL STOCK FUTURE CALL BUY SRTRANFUT FUT @ 1417 STOP LOSS - 1380 CLBS TARGET - 1460 1480 1500 1520 ++