SRF in a Triangle!

٢٨ فبراير ٢٠٢١

SRF has been consolidating in a tight range for quite sometime now. It has been under heavy bearish pressure and hardly showing any bullish strength since the last 8 trading days, failing to rise up from the support area. So if the lower TL breaks, one can go short and expect to see 5250 in the short term and even 5050 levels to be retested in the days to come.