SRF Ltd - Stock Investment Idea Weekly Pick

SRF bounced from 50% retracement after hitting 52W high at 3325 and is reversing from Ichimoku cloud + anchored VWAP support. Bullish candles with RSI >50 signal strength. A move above resistance may accelerate trend. Accumulate at 2900–2950 for 3200–3400 in 6–8 weeks. SL 2700.

Expert recommendation by Mr. Ketan Kaushik - Derivative Analyst (NISM - 202200162803)

• Current Price: 2927
• Buying Price: 2900-2950
• Target Price: 3200-3400
• Stop loss: 2700
• Upside: 15%
• Time Frame: 10-12 Weeks

Stock Technical Analysis

• The stock witnessed a sharp up move from the 2,200 level and made a 52-week high of 3,325 in July 2025. After making the high, it has retraced till 50% level and took support in the 2,770–2,870 zone.
• Stock has taken support on the weekly ichimoku cloud level and closed with bullish candlestick formation indicating reversal
• This support level is also merging with the Anchor volume weighted average price. Stock has bounced sharply from this support zone and closed with bullish candlestick formation on the daily chart
• The momentum indicator RSI has traded above the 50 level on the daily chart, which suggest buying momentum likely to continue in the coming days.

Traders can look to accumulate SRF in the 2,900–2,950 zone and expect upside targets of 3,200–3,400 over the next 6–8 weeks, with a stop loss below 2,700 on a closing basis.

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Know more about SRF Ltd

Website: https://www.srf.com/

SRF Ltd is a diversified chemicals and materials company with strong global presence across specialty chemicals, technical textiles, fluorochemicals and packaging films. It is known for its leadership in refrigerant gases, advanced intermediates and BOPP/BOPET packaging solutions, supported by R&D-driven innovation and scale-rich manufacturing. With export exposure, capex-led expansion and participation in high-growth specialty chemical demand, SRF remains a structurally strong player in the chemicals value chain.

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