SRF's monthly chart shows:
Bearish RSI divergence
Impending 5-, 10-month MA bear cross, nearly confirmed
MACD teasing a bearish flip.
The setup looks ideal for short trade for target of 2100-1800 with a tight stop above 2500. The CMP is 2456.
Bearish RSI divergence
Impending 5-, 10-month MA bear cross, nearly confirmed
MACD teasing a bearish flip.
The setup looks ideal for short trade for target of 2100-1800 with a tight stop above 2500. The CMP is 2456.
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