SRF presents a compelling buy-side technical opportunity from deeply oversold levels near ₹2,537 pivot support (S1 ₹2,453/S2 ₹2,406), with RSI(14) at extreme 29-33 range, STOCH(13.5)/STOCHRSI(0)/Williams %R(-99.6) confirming capitulation exhaustion primed for sharp mean reversion bounce after -3.86% weekly correction. All moving averages bearish (MA5 ₹3,060 to MA200 ₹3,164 acting as overhead resistance cluster) but narrowing MACD(-32.79) histogram and MFI(15.61) signal downside momentum depletion creating asymmetric risk-reward setup near strong S3 ₹2,321 zone. Higher low formation near weekly support ₹2,419 validates accumulation—attractive long entry targeting R1 ₹2,585/R2 ₹2,670 resistance with tight stops below S2 ₹2,406 for high-probability rebound trade in this specialty chemicals leader.Warning-
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One response to “SRF 30MAR26 FUT”
ALMOST TGT DONE, KINDLY BOOK PROFIT NEAR 2500