{"id":33448,"date":"2026-04-06T20:58:47","date_gmt":"2026-04-06T15:28:47","guid":{"rendered":"https:\/\/signalz.pro\/?post_type=article&p=33448"},"modified":"2026-04-06T20:58:47","modified_gmt":"2026-04-06T15:28:47","slug":"srf-%e0%a4%95%e0%a5%87%e0%a4%ae%e0%a4%bf%e0%a4%95%e0%a4%b2-%e0%a4%b8%e0%a4%be%e0%a4%ae%e0%a5%8d%e0%a4%b0%e0%a4%be%e0%a4%9c%e0%a5%8d%e0%a4%af-%e0%a4%95%e0%a4%be-%e0%a4%89%e0%a4%9c%e0%a5%8d%e0%a4%9c","status":"publish","type":"article","link":"https:\/\/signalz.pro\/article\/srf-%e0%a4%95%e0%a5%87%e0%a4%ae%e0%a4%bf%e0%a4%95%e0%a4%b2-%e0%a4%b8%e0%a4%be%e0%a4%ae%e0%a5%8d%e0%a4%b0%e0%a4%be%e0%a4%9c%e0%a5%8d%e0%a4%af-%e0%a4%95%e0%a4%be-%e0%a4%89%e0%a4%9c%e0%a5%8d%e0%a4%9c\/","title":{"rendered":"“SRF – \u0915\u0947\u092e\u093f\u0915\u0932 \u0938\u093e\u092e\u094d\u0930\u093e\u091c\u094d\u092f \u0915\u093e \u0909\u091c\u094d\u091c\u094d\u0935\u0932 \u092d\u0935\u093f\u0937\u094d\u092f, \u0928\u093f\u0935\u0947\u0936 \u0915\u093e \u0938\u0941\u0928\u0939\u0930\u093e \u0905\u0935\u0938\u0930!”"},"content":{"rendered":"

Detailed Technical Analysis
\n<\/strong>Daily chart reveals deep oversold bounce after 8% 2-day correction from \u20b93,200 highs, hammer\/doji at \u20b93,043 S2 support (prior demand + 200-SMA \u20b93,147 proximity) with volume divergence confirming exhaustion. All 12 MAs bearish (MA5 \u20b93,060 Sell to MA200 \u20b93,164 Sell), price trapped below EMA cluster \u20b93,061-3,148; 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 \u20b93,062\/R1 \u20b93,070\/R2 \u20b93,082\/R3 \u20b93,090, S1 \u20b93,051\/S2 \u20b93,043\/S3 \u20b93,031. Ichimoku cloud resistance \u20b93,150, short target R1 \u20b93,070 (1%), medium \u20b93,200 channel top (5%), long \u20b93,500 ATH (15%) on reversal confirmation.<\/p>\n

Detailed Fundamental Analysis
\n<\/strong>SRF valuation stretched P\/E 65x TTM amid Q4FY26 pressures but Q4FY25 PAT \u20b9526 Cr (+24% YoY), Revenue \u20b94,313 Cr (+21%), EBIT \u20b9906 Cr (+47%) showcase chemicals strength (revenue +30% to \u20b92,355 Cr, OP \u20b9748 Cr +50%). Fluorochemicals\/specialty dominance, BOPP films 100% utilization; capex \u20b9750 Cr Dahej agrochem (18M timeline) + Indore BOPP +55% capacity (24M). ROE 10% improving, Debt\/Equity 0.4 healthy, NPM 19%; risks: refrigerant dumping (mitigated anti-duty), China competition. Intrinsic value suggests expensive but tremendous 3Y book growth, undervalued long-term cycle.<\/p>\n

News & Events Impact
\n<\/strong>Anti-dumping duty on China R-134a refrigerant imports (Dec ’25) +5% reaction protecting SRF monopoly (sole domestic producer); Q4FY25 beat propelled 10% rally. \u20b9750 Cr capex announcement (Jul ’25) +3% amid specialty chem expansion; recent Apr 2 intraday low \u20b92,420 (-5%) triggered stop-outs, bearish MAs persist.<\/p>\n

Micro & Macro Events
\n<\/strong>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.<\/p>\n

Global Cues & War Impact
\n<\/strong>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.<\/p>\n

Buy Levels & Investment Views
\n<\/strong>Short-term: \u20b93,043-3,051 (S2-S1) tgt R1 \u20b93,070 SL \u20b93,031 (S3); medium-term: \u20b93,000-3,030 to \u20b93,200 (channel) SL \u20b92,950; long-term: <\u20b93,000 to \u20b93,800 SL \u20b92,800. Bearish short-term (Strong Sell signals), cautious medium, bullish long-term (capex payoff).<\/p>\n

Rally Sustainability
\n<\/strong>Bounce post-2D fall 40% sustainable probability only closing >PP \u20b93,062 + RSI >40 sustained; likely technical relief to R1 \u20b93,070 (60% prob) before S2 retest amid bearish MAs\/ADX downtrend.<\/p>\n

Buy Recommendation
\n<\/strong>Selective YES at dips below \u20b93,050 for medium-long horizons: anti-dumping shield, \u20b9750 Cr capex pipeline, chemicals OP margin 32% (+500bps YoY), undervalued cycle position vs peers; tight SL \u20b93,031 mandatory.<\/p>\n

Detailed Disclaimer (SRF)
\n<\/strong>Educational analysis only, disclaiming investment advice\/trading signals; high risk of capital loss prevails. Past performance irrelevant; SEBI advisor consultation essential for suitability. Data public as of April 06, 2026.<\/p>\n

Conflict Disclosure (SRF)
\n<\/strong>Zero holdings\/compensations in SRF by analysts\/firm\/affiliates as of April 06, 2026; independent public research.<\/p>\n","protected":false},"template":"","article-category":[35],"article-tags":[],"class_list":["post-33448","article","type-article","status-publish","hentry","article-category-learn"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/33448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=33448"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=33448"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=33448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}