#Shriram Finance Limited - #Technical Analysis
Price: 854.90
#Technical Setup
Pattern: Continuation pattern with bullish hidden divergence following weekly breakout
Key Levels:
- Target 1: 877.00
- Target 2: 936.55
- Target 3: 967.55
- Support: 838 - 825 (critical)
- Major Support: 730.45
#Outlook
The chart shows a swing trading setup with upside potential toward 877 - 967 if support at 838 holds. A break below 825 would invalidate the bullish structure.
DISCLAIMER
This is NOT investment advice. This analysis is for educational purposes only. Trading involves substantial risk of loss. Always conduct your own research and consult a SEBI-registered financial advisor before making investment decisions. Past performance and technical patterns do not guarantee future results. The author assumes no responsibility for any losses incurred.
Price: 854.90
#Technical Setup
Pattern: Continuation pattern with bullish hidden divergence following weekly breakout
Key Levels:
- Target 1: 877.00
- Target 2: 936.55
- Target 3: 967.55
- Support: 838 - 825 (critical)
- Major Support: 730.45
#Outlook
The chart shows a swing trading setup with upside potential toward 877 - 967 if support at 838 holds. A break below 825 would invalidate the bullish structure.
DISCLAIMER
This is NOT investment advice. This analysis is for educational purposes only. Trading involves substantial risk of loss. Always conduct your own research and consult a SEBI-registered financial advisor before making investment decisions. Past performance and technical patterns do not guarantee future results. The author assumes no responsibility for any losses incurred.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.