SHRIRAMFIN
Shriram Finance Limited Weekly Chart ๐ Live Price Snapshot (Approximate)
Current share price: ~โน1,055 โ โน1,079 range (latest trading context)
52-week range: Low ~โน566 | High ~โน1,108
1-week price change: Mildly down or flat in the last 7 days (~-0.8% to +1.3% depending on timing)
๐ Key Weekly Levels โ Support
These support levels tend to act as downside cushions if price retraces:
โ Support 1: ~โน1,067โโน1,070
โ Support 2: ~โน1,044โโน1,055
โ Support 3: ~โน1,029โโน1,037
Prices above ~โน1,044 generally suggest the short-term uptrend remains intact; below that could signal deeper pullbacks.
๐ Key Weekly Levels โ Resistance
These are levels where price could face selling pressure in the short term:
๐น Resistance 1: ~โน1,095โโน1,098
๐น Resistance 2: ~โน1,116โโน1,120
๐น Resistance 3: ~โน1,128โโน1,132+
A sustained move above ~โน1,095โโน1,100 could open room for a short-run continuation toward higher targets.
๐ Weekly Technical Bias (Summary)
Short-term trend: Neutralโslight bullish if above support zones.
Momentum: Technical indicators (RSI/MACD) generally show buy signals or neutral positioning.
Key decision area:
Bullish stance above: ~โน1,070โโน1,095
Weakness if closes below: ~โน1,044โโน1,030
Shriram Finance LtdThe stock is forming an ascending channel along with a higher base formation, indicating strong bullish structure. Price is consistently making higher highs and higher lows, confirming a sustained uptrend. The chart shows a clear rising channel, and the breakout legs are supported by strong bullish candles, reflecting solid buying interest.
Trading plan: Buy above 1090, Target 1140+
#LONG on SHRIRAM FINANCE for LONG TERM; 25 Year High + BreakoutThe scrip was trading below multi-year resistance trend line since 2008.It gave a breakout from the trend line on 24th Jan'24. It formed a large bullish candle on a monthly time frame returning 16% in JAN'23 and nearly 99.5% in last 12 months.
The Stock rose nearly 3.30% today hitting an ATH of 2442 which is also a 25-Year High.
Stop Loss: as per risk appetite.
Potential:69% to 138%
Time period: 1-3 years (It's a long term bet)
Shriram Finance cmp 796.50 by Daily Chart viewShriram Finance cmp 796.50 by Daily Chart view
- Support Zone 728 to 760 Price Band
- Resistance only at ATH 814.15 done on Tuesday 04-Nov-2025
- The current Technical Chart setup is indicative of a very good upside with tentative target price level +/- 1025
Watchlist Analysis โ 12th Sept 2025๐ Watchlist Analysis โ 12th Sept 2025
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๐ ADANIENT (2398.80) โ Rising Wedge
Momentum: Strong | Bullish | Risk: Low | Volume: High
Important Resistance Levels: 2499.68 / 2580.66 | Stop Loss: 2337.72
๐ Technical Indicators Explained
Adani Enterprises (ADANIENT) is flashing strong technical signals. A rising wedge structure ๐บ shows price tightening towards resistance, with todayโs bullish breakout candle ๐ฅ backed by heavy volume surge ๐. The RSI breakout โก confirms strengthening momentum, while the BB Squeeze-Off release ๐ hints at a fresh volatility expansion. With support zones holding firm and price eyeing higher resistances, the stock is entering a decisive breakout zone.
Support & Resistance Zones
๐ข Support: 2353 | 2307 | 2275
๐ด Resistance: 2432 | 2464 | 2510
Investment Outlook & Conclusion
๐ Bullish Case โ Strong momentum with volume support may push towards higher resistances.
๐ Bearish Case โ A drop below SL can attract downside pressure.
โก Momentum Case โ Aligned with momentum; good for short-term swings.
๐
Perspective โ Short-term breakout play; long-term needs stability.
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๐ AUROPHARMA (1109.20) โ Double Bottom
Momentum: Strong | Bullish | Risk: High | Volume: High
Important Resistance Levels: 1175.93 / 1233.96 | Stop Loss: 1059.87
๐ Technical Indicators Explained
Aurobindo Pharma (AUROPHARMA) is flashing multiple bullish signals. A double bottom pattern ๐โก๏ธ๐ near โน1016 confirms a strong reversal base, followed by a bullish breakout candle ๐ฅ backed by massive volume surge ๐. The RSI breakout โก, Bollinger Band expansion ๐, and SuperTrend flip โ
add conviction to the momentum. With supports holding firm and resistances ahead, the stock is entering a high-probability breakout zone.
Support & Resistance Zones
๐ข Support: 1074 | 1040 | 1018
๐ด Resistance: 1131 | 1153 | 1189
Investment Outlook & Conclusion
๐ Bullish Case โ Heavy volume breakout supports upside continuation.
๐ Bearish Case โ Failure to sustain above 1080 can bring weakness.
โก Momentum Case โ Strong near-term upside; suitable for aggressive traders.
๐
Perspective โ Short- to medium-term; long-term investors should watch risk levels.
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๐ TATACHEM (968.25) - Symmetrical Triangle
Momentum: Strong | Bullish | Risk: Low | Volume: High
Resistance Levels: 1007.92 / 1039.84 | Stop Loss: 944.08
๐ Technical Indicators Explained
Tata Chemicals (TATACHEM) is showing strong bullish signals forming a Symmetrical Triangle. A bullish engulfing candle ๐ฅ near support highlights renewed buying interest, while an RSI breakout โก confirms strengthening momentum. The Bollinger Band breakout ๐, along with VWAP support โ
, suggests rising participation. With a recent BB squeeze compression ๐ฏ now opening up, volatility expansion could fuel a decisive move. The stock is positioned in a potential breakout zone ๐
Support & Resistance Zones
๐ข Support: 950 | 932 | 919
๐ด Resistance: 981 | 994 | 1012
Investment Outlook & Conclusion
๐ Bullish Case โ Triangle consolidation may resolve higher on breakout.
๐ Bearish Case โ Below SL, stock could revisit support levels.
โก Momentum Case โ Neutral-to-positive; volume confirmation needed.
๐
Perspective โ Short-term breakout opportunity; medium-term cautious stance.
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๐ SHRIRAMFIN (620.05) โ Downward Sloping Channel
Momentum: Strong | Bullish | Risk: Low | Volume: High
Resistance Levels: 643.69 / 664.48 | Stop Loss: 602.11
๐ Technical Indicators Explained
Shriram Finance (SHRIRAMFIN) has given a downward sloping channel breakout ๐โก๏ธ๐, signaling a shift from weakness to strength. An RSI breakout โก confirms bullish momentum, while a BB Squeeze-Off setup ๐ฏ points to potential volatility expansion. The bullish price action ๐ฅ backed by rising volumes ๐ suggests renewed buyer confidence. With resistances overhead, the stock now stands at a critical breakout zone, where follow-through buying could unlock further upside.
Support & Resistance Zones
๐ข Support: 608 | 595 | 588
๐ด Resistance: 628 | 635 | 648
Investment Outlook & Conclusion
๐ Bullish Case โ Strong buying interest; scope for further upside.
๐ Bearish Case โ Failure to hold above 602 may weaken momentum.
โก Momentum Case โ Positive; traders may ride short-term moves.
๐
Perspective โ Short-term play; long-term view requires caution.
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โ ๏ธ Disclaimer โ Please Read Carefully
The information shared here is meant purely for learning and awareness. It is not a buy or sell recommendation and should not be taken as investment advice. I am not a SEBI-registered investment advisor, and all views expressed are based on personal study, chart patterns, and publicly available market data.
Trading โ whether in stocks or options โ carries risk. Markets can move unexpectedly, and losses can sometimes exceed the money you have invested. Past performance or past setups do not guarantee future results.
If you are a beginner, treat this as a guide to understand how the market works โ practice on paper trades before risking real money. If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades.
Consult a SEBI-registered financial advisor before making any real trading decision. By engaging with this content, you acknowledge full responsibility for your trades and investments.
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SHRIRAM FINANCE Swing Trade ( 1:3 RR, 7% upside potential)1st Target at ATH with 1:3 RR and 7% upside.
2nd Target at psychological level of 800.
If Nifty holds current level of 25000 then Shriram Finance can make a new ATH.
Institutions have gradually bought the stock at every dip making higher lows continuously.
Recently sellers got trapped which can start a new up-move.
Follow me for more such simple trades.
SHRIRAMFIN Swing Trade (14.6%)After forming a Head & Shoulder pattern, retail sellers got trapped and that becomes the liquidity for next up-move from the institutional demand zone. So the trend is up.
Recently good liquidity sweep happened which can fuel next up-move in short term.
With 1:3 Risk Reward and potential 14.6% up-move.
Only if Nifty holds current levels. ie it does not go below 22,700. Otherwise exit this trade.
Follow for more such setups, comment your thoughts.
Shriram Finance cmp 3070.15 by Daily Chart view*Shriram Finance cmp 3070.15 by Daily Chart view*
- Support Zone at 2995 to 3055 Price Band
- Price has been testing and retesting the Support Zone
- Volumes needed to increase for better chance of fresh upside
- Support at 2940 > 2775 > 2545 Resistance at 3215 > 3425 > 3540 >> ATH 3652.25
Shriram Finance Ltd - Breakout Setup, Move is ON...#SHRIRAMFIN trading above Resistance of 3562
Next Resistance is at 4760
Support is at 2635
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Shriram Finance : Technical Analysis Suggests Bullish TrendNSE:SHRIRAMFIN
The stock of Shriram Finance Company is currently trading above the 20-day exponential moving average (EMA), the 50-day EMA, and the relative strength index (RSI) is near 60. The stock has also re-entered the channel that it was trading in before the recent correction. This suggests that the stock is in a bullish trend and could continue to rise.
The Elliott wave theory suggests that the stock is currently in wave 5 of a larger uptrend. Wave 5 is typically the longest and most powerful wave of a trend, so it is possible that the stock could rise significantly from here.
The lookalike correction wave ABC is also complete, which is another bullish signal. The triangle breakout is also a bullish signal, as it suggests that the stock is breaking out of a period of consolidation and is ready to resume its uptrend.
Overall, the technical analysis of Shriram Finance Company is bullish. The stock is trading above key moving averages, the RSI is near 60, and the stock has re-entered the channel that it was trading in before the recent correction. The Elliott wave theory also suggests that the stock is in wave 5 of a larger uptrend.
However, it is important to remember that technical analysis is not always accurate. There is always the possibility that the stock could go against the technical analysis and decline. Therefore, it is important to do your own research and to only invest money that you can afford to lose.
Target price: 1487
Invalid level: 1316
Risk warning: Please buy at your own risk. Happy trading.












