After a consolidation for a small time frame, stock is continuing its upward trajectory. Day chart forms a Cup & holder pattern. RSI at 80 levels. Stock is ready to fire for short term above 235.
Since Dec 2021, stock is in bullish mode forming dow pattern. After minor retracement stock resumes finding support at its 20 EMA & RSI at 55 is moving upwards. I think bulls might dominate the stock in near term. Immediate resistance levels at 480 followed by 539. Stop below 364.
Its just my views and not any recommendation
SRHH follows a bullish trend in the charts. , after retracement from higher levels stock is finding support at 440 levels and continues its upward momentum. RSI also looks strong. Now a break above 505 will take to 542 / 602 / 640
After a 25% non stop rally in the stock we may see some retracement to 101 levels. Stock might find support at that level and continue its upward journey to an immediate 123 levels. Huge volumes and price action seen in the last the 2 days.
After touching a recent of 235 stock retraced to 193 levels and now finding support at that level and started bouncing back. Stock is fundamentally a strong specialtiy chemicals company and if the trend continues and volumes picking up we can see fresh highs in the coming days. Now at 208 stock targets 251 with a stoploss at 185 levels. A risk reward ratio of 2:1
A multiyear breakout and breaking highs with consistent good volumes. Monthly charts forms a Cup & holder pattern which indicates a bullish trend. Fundamentally strong company with immense focus on digital initiatives.
