SRF Ltd has officially broken above its previous all-time high of ₹2,865 (from 2022), closing strong at ₹3,112, with an impressive weekly gain of +8.78%. Backed by increasing volume and a strong RSI of 66.70, the breakout looks technically significant.
• ✅ Breakout above life high of ₹2,865 (2022)
• 📈 Weekly High: ₹3,127
• 💰 Closing Price: ₹3,112
• 📉 50 EMA Support: ₹2,673
• 🔰 Major Support Zone: ₹2,050–₹2,080
• 📊 RSI (Weekly): 66.70 — bullish momentum building
• 🔄 Volume: 3.66M — above average
With price sustaining above the key breakout zone, the path could open toward the next resistance levels around ₹3,300–₹3,350. Watch for consolidation or retest around ₹2,865 for stronger conviction.
Analysis By Mayur Jayant Takalikar -- For LEARNING & OBSERVATIONAL USE ONLY.
⚠️ Disclaimer:
This chart analysis is purely for educational and informational purposes only.
I am not a SEBI-registered investment advisor.
Please do your own research or consult a certified financial advisor before making any investment decisions. Stock markets are subject to risk.
• ✅ Breakout above life high of ₹2,865 (2022)
• 📈 Weekly High: ₹3,127
• 💰 Closing Price: ₹3,112
• 📉 50 EMA Support: ₹2,673
• 🔰 Major Support Zone: ₹2,050–₹2,080
• 📊 RSI (Weekly): 66.70 — bullish momentum building
• 🔄 Volume: 3.66M — above average
With price sustaining above the key breakout zone, the path could open toward the next resistance levels around ₹3,300–₹3,350. Watch for consolidation or retest around ₹2,865 for stronger conviction.
Analysis By Mayur Jayant Takalikar -- For LEARNING & OBSERVATIONAL USE ONLY.
⚠️ Disclaimer:
This chart analysis is purely for educational and informational purposes only.
I am not a SEBI-registered investment advisor.
Please do your own research or consult a certified financial advisor before making any investment decisions. Stock markets are subject to risk.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.