NSE: SHRIRAM TRANSPORT 1576
-Fresh Breakout Done Now-Again At Resistance
-Near Multi-Year Breakout
-Price and Volume Both Confirms The upside
-Next level to watch is 1625
-Support near 1515-1475-1390
-Closing Basis
NSE: SHRIRAM TRANSPORT 1490
-Fresh Breakout very soon
- Price and Volume Both Confirms The upside
-Next level to watch 1515-1535-1625
-Support near 1475-1390
I have shared a buy trade at the support on 19 Aug. Price was around 1260.
Cmp is 1490
Fantastic 17% return. Now it will test ATH if range breaks.
Final target 1890.
It will be a 9 months consolidation breakout. Do not miss this out.
Shriram Transport Finance is trading at the lower range of the Triangle pattern and if stock sustains below 1285, we may see lower levels marked on the chart in coming sesisons.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
SRTRANSFIN
1. down side trend reversed
2. big insitutional player entry intimation of candle formed
3. rising wedge pattern take accuracy buy dip support level
4. inside flug pattern formed and break out soon
5. expected target level
Shriram Transport Finance Company Ltd is engaged in business of financing commercial vehicles. Also providing loan for equipment & other business purposes. Company is registered with RBI, MCA & IRDA. Company having a market capital of Rs. 37K Cr.
As far as technical analysis is concerned, Share is forming a triangle pattern on daily time frame since Feb 2021. It...
Sell is sustains below 1345 for the targets of 1300, 1265, and 1225 until 1432 is intact on the upside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
watch it guys
it's a gem of our fam.right ??
how many times we discussed about it?? anyone remember.
finally it's gonna kiss 1400-1500
holding from 1000 ,and I hope ! u tooo :))
