SEARL The Searl Company short term analysis 25th Jan. 2021

Rebound Insight

Our Pivot: 245

Our Preference: Start buying SEARL from current price and average it out till 250.00 with strict stop loss of 245 and profit target at 268 with extension towards 272.

Alternate Scenario: Downward penetration of 245 will call for 236 and 231.

NOTE: SEARL is retesting resistant trend line of its previous triangle and now it's expected that it would expand this triangle in a bullish price channel.

Chart with supports & resistances: