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Tradesetup – SRF, JTEKTINDIA & FORCEMOT

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free SRF chart calls
free SRF chart calls
Figure 1. NSE SRF Wave Projection

NSE SRF appears to have completed its Wave (4) correction, with the price reacting strongly from the lower channel boundary. A break above 2967 is identified as the key trigger for confirming renewed upward momentum. As long as the price remains above recent lows, the structure favors the start of Wave (5) to the upside. Although a dip toward the lower band is still possible, it is considered a secondary scenario. Major support lies near 2570, and the broader trend bias remains upward as long as this level holds.

After the completion of wave 4, traders can long for the following targets: 3094 – 3210 – 3320+.

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NSE JTEKTINDIA – Premium Setup

NSE FORCEMOT – Wave Setup

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