SEARL The Searl Company short term analysis 15th Feb. 2021

Rebound Insight

Our Pivot: 245

Our Preference: Buy SEARL above 255.18 and average it out till 250 with strict stop loss of 245 and profit target at 272.90 with extension towards 278.

Alternate Scenario: Downward penetration of 245 will call for 237.80.

NOTE: SEARL is moving in a bullish price channel on weekly chart and it's expected that it would try to establish ground above resistant trend line of its previous triangle.

Chart with supports & resistances: