Tuesday, 5 December 2023

Before you trade SRF Ltd. watch important updated

                                                                     


srf, stock market , stock market today , stock market news

SRF Ltd manufactures and sells technical textiles, chemicals, packaging films, aluminum foils, and other polymers

#smartmoney  played SRF so well that at every resistance they trap the retail trader, on date 8/06/2023 they made inducement @ price of   2576 by inflating  price from 2400 to 2567 . On 8/6/2023 once  they touched order block #institution  push SRF price to low of 2040, and made one FVG and OB @ 2527-2467  in between that fall of SRF price. Now once #FII drag price to their respected level of 2040 on date 25/07/2023 they tap lower order block and after seeping the liquidity at lower level they start inflating price to 2475 were that last order block and FVG made during the previous fall. On date 8/09/2023 after making high of 2475.50 #FII drag price once again to their previous low. From above study we find that price was made to trade in range of  2600 to 2050 and every low and high was made in period of 45 days from each other.

 

Currently SRF is trading @ 2455 as per planetary study of chemical sector it could remain bullish till 2502 – 2601 . We will wait for price of SRF to trade till upper level after that we will share our trade

  

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