SRF - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 2.3

Here’s a detailed breakdown of SRF Ltd’s technical setup and momentum signals

📊 Trend Analysis

Current Trend: Consolidating Price is hovering near the 50-DMA (₹3,105) and well above the 200-DMA (₹2,838), indicating medium-term strength but short-term indecision.

RSI (46.6): Neutral zone — no strong momentum either way.

MACD (-6.23): Bearish crossover, suggesting weakening momentum.

Volume: Below 1-week average, indicating lack of conviction in recent moves.

📈 Chart Patterns & Indicators

Moving Averages

Price is slightly above 50-DMA → mild support at ₹3,105.

Stronger support at 200-DMA → ₹2,838.

Bollinger Bands

Price near mid-band; no breakout or squeeze pattern visible.

Support Levels

₹3,105 (50-DMA)

₹2,838 (200-DMA)

₹2,700 (historical support zone)

Resistance Levels

₹3,244 – ₹3,307 (pivot resistance zone)

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₹3,325 (52-week high)

🔍 Momentum Signals

Short-Term Bias: Bearish to Neutral

MACD and volume trends suggest fading bullish momentum.

RSI below 50 confirms lack of buying strength.

Stochastic RSI: Oversold zone

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— potential for short-term bounce.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Buy Entry ₹2,850 – ₹2,900 Near 200-DMA, oversold indicators

Exit Target ₹3,240 – ₹3,300 Resistance zone, recent highs

Stop Loss ₹2,800 Below key support

🧠 Summary

SRF is currently in a consolidation phase with weakening short-term momentum. While long-term structure remains intact, technical indicators suggest caution. A bounce from the 200-DMA could offer a low-risk entry, but upside may be capped near ₹3,300 unless volume and momentum improve.

Would you like a comparison with its industry peers or a fundamental valuation overlay?

1

www.moneycontrol.com

2

in.investing.com

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