SRF Ltd Breaks Out Above 2022 High — Is ₹3,300 the Next Destinat

SRF Ltd has officially broken above its previous all-time high of ₹2,865 (from 2022), closing strong at ₹3,112, with an impressive weekly gain of +8.78%. Backed by increasing volume and a strong RSI of 66.70, the breakout looks technically significant.

• ✅ Breakout above life high of ₹2,865 (2022)
• 📈 Weekly High: ₹3,127
• 💰 Closing Price: ₹3,112
• 📉 50 EMA Support: ₹2,673
• 🔰 Major Support Zone: ₹2,050–₹2,080
• 📊 RSI (Weekly): 66.70 — bullish momentum building
• 🔄 Volume: 3.66M — above average

With price sustaining above the key breakout zone, the path could open toward the next resistance levels around ₹3,300–₹3,350. Watch for consolidation or retest around ₹2,865 for stronger conviction.

Analysis By Mayur Jayant Takalikar -- For LEARNING & OBSERVATIONAL USE ONLY.


⚠️ Disclaimer:
This chart analysis is purely for educational and informational purposes only.
I am not a SEBI-registered investment advisor.
Please do your own research or consult a certified financial advisor before making any investment decisions. Stock markets are subject to risk.