"SRF - केमिकल साम्राज्य का उज्ज्वल भविष्य, निवेश का सुनहरा अवसर!"

Detailed Technical Analysis Daily chart reveals deep oversold bounce after 8% 2-day correction from ₹3,200 highs, hammer/doji at ₹3,043 S2 support (prior demand + 200-SMA ₹3,147 proximity) with volume divergence confirming exhaustion. All 12 MAs bearish (MA5 ₹3,060 Sell to MA200 ₹3,164 Sell), price trapped below EMA cluster ₹3,061-3,148; RSI(14) 33.5 Sell but STOCHRSI 0/RSI Stoch 13.5 oversold screamers signal relief. MACD(12,26) -32.79 Sell contracting, Williams %R -99.6 extreme, CCI -101 Sell, ADX 44.8 strong downtrend. Pivot: Classic PP ₹3,062/R1 ₹3,070/R2 ₹3,082/R3 ₹3,090, S1 ₹3,051/S2 ₹3,043/S3 ₹3,031. Ichimoku cloud resistance ₹3,150, short target R1 ₹3,070 (1%), medium ₹3,200 channel top (5%), long ₹3,500 ATH (15%) on reversal confirmation.

News & Events Impact Anti-dumping duty on China R-134a refrigerant imports (Dec '25) +5% reaction protecting SRF monopoly (sole domestic producer); Q4FY25 beat propelled 10% rally. ₹750 Cr capex announcement (Jul '25) +3% amid specialty chem expansion; recent Apr 2 intraday low ₹2,420 (-5%) triggered stop-outs, bearish MAs persist. Micro & Macro Events Micro: Q4FY26 results May, Dahej agrochem commissioning (Q4FY27), BOPP Indore ramp-up, dividend policy; macro: RBI MPC rates (funding costs), monsoon chemical demand, China stimulus refrigerant pricing, PLI chemicals Phase-II disbursal. Global Cues & War Impact Middle East war spikes energy/chemical feedstock costs 5-8% (Freon/propylene), margin pressure 100-200bps but duty protection offsets China dumping; prolonged conflict delays capex 3-6 months via supply chain snarls.