Nifty has been on a downtrend for a long time, but some stocks are strong as they are going against the trend.
SRF is one of those stocks. It is relatively strong as Nifty is falling , the stock is building the base. Today's volumes were good. The stock needs to move above 2880-2920 range. IF that happens then 3100-3200 range awaits.
I don't have any idea how it will react to tariff news tomorrow but if it can weather the storm them a good up move awaits.
SRF is one of those stocks. It is relatively strong as Nifty is falling , the stock is building the base. Today's volumes were good. The stock needs to move above 2880-2920 range. IF that happens then 3100-3200 range awaits.
I don't have any idea how it will react to tariff news tomorrow but if it can weather the storm them a good up move awaits.
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