Long

SRTRANSFIN- Multi-time Frame + Fibo + Breakout

Overall the stock has a positive trend, but pullbacks are very deep.

- Requires proper breakout with volume.

The Indicator Used:
PANEL 1:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence

If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)

HAPPY TRADING!!!
breakoutChart PatternschillwithchartsFibonacci RetracementTechnical IndicatorsmultitimeframeanalysisshriramtransportfinanceTrend Analysis

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