SRF Limited is showing a bearish technical setup with the stock trading below key moving averages such as the 50-day and 200-day. The RSI is around 33, indicating oversold conditions and potential for a short-term bounce, but overall momentum and MACD indicate selling pressure. Support is seen near 2900, while resistance levels are around 3050 to 3100. The technical outlook suggests caution as the stock may continue to face downward pressure unless it breaks above resistance with strong volume.
BUY : SRF25NOV253000CE( SRF ) [119925]
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