SEARL The Searl Company short term analysis 5th May 2021

Rebound Insight

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SEARL Chart Illustration by CapitalMarkets

Rebound Insight

Our Pivot: 220

Our Preference: Start buying SEARL from current price and average it out till 224 with strict stop loss of 220 and profit target at 234.80 with extension towards 239.

Alternate Scenario: Downward penetration of 220 will call for 213 and 208.

NOTE: SEARL is being supported by an ascending trend line along with a horizontal supportive region

Chart with supports & resistances:

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