SEARL The Searl Company short term analysis 11th Nov. 2020

Rebound Insight

Our Pivot: 235.00

Our Preference: Start buying SEARL above 241 and average it out till 238 with strict stop loss of 235 and profit target at 248 with extension towards 251 an 254.

Alternate Scenario: Downward penetration of 235 will call for 230.

NOTE: SEARL is getting support from a rising trend line along with a horizontal supportive region.

Hourly chart with supports & resistances: