Shriram Transport Finance Positional Trade Setup (Bullish Sequence)

Shriram Transport Finance made a 52 - week low of 431.5 on 23rd March 2020 & a 52 - week high of 1340 level on 24th Feb 2020.

The stock is trading in higher highs and higher lows on Daily and weekly charts which is bullish in nature.

Therefore, one can buy in the range of 1045 to 1055 odd levels for the upside target of 1190-1225 levels.

Upside Return - 14.5% in 1 to 2 months period.

Investor psychology - "Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off." — Carlos Slim Helu

Disclaimer - Any of my investment or trades I share on my blog are provided for educational purposes only and do not constitute specific financial, trading or investment advice. The blog is intended to provide educational information only and does not attempt to give you advice that relates to your specific circumstances.

16 views0 comments