SRF has been moving in steps which is very evident from chart. It has given multiple step breakout (I posted SBICARD study which had same behavior).
Post its major breakout from Blue TL, it has been consolidating for 2 months which is good sign whenever breakout happens.
SRF based on its past behavior that I have observed, when it moves it gives minimum 4-5% move.
Above 4440-4450, it can fly one more time and it is on my watchlist.
Ideas published yesterday JSWENERGY & BHARTIARTL gave 9.5% & 4% move respectively.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.
Thanks
Piyush Gupta
Post its major breakout from Blue TL, it has been consolidating for 2 months which is good sign whenever breakout happens.
SRF based on its past behavior that I have observed, when it moves it gives minimum 4-5% move.
Above 4440-4450, it can fly one more time and it is on my watchlist.
Ideas published yesterday JSWENERGY & BHARTIARTL gave 9.5% & 4% move respectively.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.
Thanks
Piyush Gupta
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。