SRF Ltd: Setup to watch for...

On a daily chart, the stock recently reclaimed the 200 day EMA with volume and is hovering above it.

Breakout above 2352 with initial resistance at 2416. Might see price consolidation in this zone.

Watch for positive price action above 2416 with volume.

2260 - 2240 are important nearest support zone.

However, do always keep a stop loss between 5-8%.

Note: Not a buy/sell recommendation. Do consult your investment advisor.