sachinnagpal1982

SRF - a long trade

Long
NSE:SRF   SRF LTD
RSI divergence is clearly visible on this chart, breakout above 2230 generated the buy signal but I missed it. Today I bought this in anticipation of breakout from falling trend line. Safe traders can buy this on a successful close above this trend line.

Stop loss for this trade is daily closing below 2135. First target will be 2460 where I will revisit chart structure.
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