When stocks get into an uptrend no price remains untouched and that time one should not get worried that they have missed the bus as at times the rally might have had started. It is better to let the bus be missed for some time to be sure of the intactness in the uptrend. As we can see in this stock chart of SRF that stock is in a continous downtrend for past 6 months and thus it makes sense to keep an eye on this stock or enter with a stop loss of 2400 for short term and 1965 for long term.
Have a look at SRF chart from a 6-month perspective and you will realize that how it has been in an upward trajectory for the past six months. Remember in its upward journey it may see some downtrend also as no stock moves in a linear pattern but moves in crests and troughs.
Please note that this stock has been given with a long term perspective and thus if you have been looking at short term stocks than do consider checking the link and if you have been trying to make money in intraday than none can beat our intraday tips as we trade less but trade accurately as we have the requisite tools and experience to predict the market and stocks movement correctly.
Have a look at SRF chart from a 6-month perspective and you will realize that how it has been in an upward trajectory for the past six months. Remember in its upward journey it may see some downtrend also as no stock moves in a linear pattern but moves in crests and troughs.
Please note that this stock has been given with a long term perspective and thus if you have been looking at short term stocks than do consider checking the link and if you have been trying to make money in intraday than none can beat our intraday tips as we trade less but trade accurately as we have the requisite tools and experience to predict the market and stocks movement correctly.
