SRF - A Pennant Pattern Seen

One of the strongest stocks showing signs of distribution in the range of 2400-2500.

Can the stocks visit its 200 - EMA around 2000 zone in a month or two ???

Well probably Yes. A break below 2400 can test 2241/2170 and 2000 zones to touch larger degree support.



From,
Raju Anagadi Vishwanath, MS, CFTe
Traderz Hut
traderzhut.in