SEARL The Searl Company Limited Short Term Analysis 6th Aug. 2020

Further Advance

Our Pivot: 252

Our Preference: Start buying Searl above 255.50 with strict stop loss of 252 and profit target at 263 with extension towards 267.

Alternate Scenario: Downward penetration of 252 will call for 248.

NOTE: SEARL is being supported by a rising trend line after completing its correction on hourly chart.

Hourly chart with supports and Resistances: