SRF Ltd – Support Breakdown & Recovery Watch

SRF is trading near ₹2,327 after a sharp decline below key support zones. The chart indicates continued selling pressure, while the recent bounce appears weak. Momentum remains bearish until price reclaims important resistance levels. 🔎 Technical View: • Bearish short-term trend • Support breakdown with weak recovery • Momentum remains negative 🔑 Key Levels: • Support: ₹2,303–₹2,245 • Major Support: ₹2,188 • Resistance: ₹2,360–₹2,418 🚀 Upside Levels: ₹2,418 | ₹2,475 | ₹2,533 📉 Risk: Sustained trading below ₹2,303 may extend the downside towards ₹2,245 and ₹2,188. 📈 Trading View: A sustained move above ₹2,418 may signal recovery. Watch volume and price action for confirmation. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊