SRF is approaching an attractive buy zone as RSI(14) near 33 and oversold oscillators (Stochastic, Williams %R) indicate exhaustion in the recent downtrend and a high-probability bounce setup from current levels. Price is hovering just above a strong support band around 3,030–3,050, which has held multiple times, making it a favourable area for contrarian long positions with a tight stop below this zone. Any recovery above the 20-day moving average, followed by a move toward the 50-day MA, can open upside towards 3,150–3,200 in the short term, offering a good risk–reward for positional buyers.
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