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Shriram Transport Finance

Discussion in 'Technical Analysis' started by srspriya06, Apr 23, 2014.

  1. srspriya06

    srspriya06 Active Member

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    "W" Pattern is formed in this stock. Today it is a breakout . Is it a buy?
     
  2. shabbir

    shabbir Administrator Staff Member

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    Yes but whats your SL and target
     
  3. srspriya06

    srspriya06 Active Member

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    Buy @ 808 for the target of 870 and the stoploss of 780.
     
    Last edited: Apr 24, 2014
  4. shabbir

    shabbir Administrator Staff Member

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    I don't see any support at 780 but just a minor resistance. 720 should be ideal.
     
    srspriya06 likes this.