Technical Trading Idea
* SRF retested the support of previous swing highs and started moving higher. It gave a Diamond pattern breakout on daily scale, which is a positive sign for the stock. RSI oscillator gave a Trendline breakout on daily chart, showing strength in the counter.
* Considering overall chart structure, we advise traders to buy the stock for an up move towards 4550 with stop-loss of 4220.
Buy SRF Ltd @ 2-3 Days CMP 4316 TGT 4550 SL 4220
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