SRF LTD – Educational Technical Analysis

SRF LTD – Educational Technical Analysis (SEBI Reg. INH000019886 | For Learning Purpose Only) SRF is bouncing from the channel support near ₹2,750–2,780 with improving volume and reclaiming the 20 EMA, signaling early momentum shift. 🔍 Highlights: • Price respecting falling channel support • Recent candles show buying strength • Bollinger squeeze → volatility expansion likely • Stochastics turning up → momentum recovery 🎯 Edu Levels: • Support: ₹2,750 • Breakout Zone: ₹2,900 • Targets (Edu): ₹3,050 → ₹3,250 → extended 3,500 zone 📈 Conclusion: Above ₹2,750, structure stays positive. A breakout over ₹2,900 may trigger a sharp upside leg. ⚠️ Educational purpose only. — AALGO BREATHS