SRF Ltd - Target achieved

Follow to article on SRF published on 02-July

The counter hit a high of 242.5 and closed down at 239.9. It has clearly surpassed my anticipated targets.

What next ?

   The stock is attempting to move higher in a market which is range bound. It would experience resistance at 245 and then a secondary resistance at around 251 levels.
While this rebound will take the stock to higher levels, it is better to lock in partial profits ( Suggest to have a look at my investment strategy - See article on ARIES AGRO)




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