SEARL The Searl Company Limited Intra-day Analysis 23rd Jan. 2020

Further Advance

Our Pivot: 187

Our Preference: Buy SEARL above 189.50 with strict stop loss of 187 and profit target at 193.30 with extension towards 195

Alternate Scenario: Downward penetration of 187 will call for 184 and 181.

NOTE: SEARL have bounced back after completing its correction on intraday basis and have generated a morning star on hourly chart. 

Intra-day Chart with Supports and Resistances: