Here a long position can be takenHammer below the lower bollinger band and again a green daily candle inspite of weak overall market sentiments… we can take the position at the break of second green candle for approx 15% profit with 1:2 RRR
SHRIRAMFIN trade ideas
SRIRAM FINANCE | Market Structure Breakout | Swing TradeSriram Finance - Market Structure Breakout happening
A small consolidation occurred after lower high and stock started to go in upward momentum
SHRIRAMFIN - BTST OppurtunityThe price has formed a channel pattern on the 15-minute timeframe. We can enter the trade now with a close below 2860, targeting 2900 above. The only concern at the moment is the CPR pivot. Let’s see whether the price respects the price action or the CPR level.
A sharp rally likely Shri ram Finance CMP 2882
Elliott- thats a corrective rally of which the c leg should start from here. It is likely to go to 3385 and then back to highs.
Fib- the stock has taken the fib support at 2760.
RSI - At this support the oscillator is in the bull zone.
All pointing that a rally is on cards
shriramfinancebroke trendline and ready for next upmove
also so strong that no need to retest the upmove
so valid till 3400
intraday 10th december shriramfinshriram finance looking good on 15 minute chart ,it has shown a breakout, hope it can sustain in intraday, resistance and support are mention in the chart itself.. buy here in 3165-3175 with sl of 3135 for tgt 3220 3250 3280++. it is intraday and not positional
Shriram finance Price Action.Shriram finance is form inverse Head & shoulder pattern. It can long from here if come near 1650 add more. Target would be 2700.
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
sriramtrans finance looks good around 3300-3325 rangea long trade can be initiated around 3300-3325 levels maintaining strict sl around 3220 3240 levels for target around 3420 ++ 3480+++ 3560+++ 3650+++ levels
SHRIRAMFINThe chart is self-explanatory.
SHIRAMFIN STOCK has shown a gradual upward movement since June, trading above the 50, 150, and 200 moving averages with a steady increase. After the breakout, this stock has formed higher highs. Considering these factors, it is possible for the upward movement to continue.
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.
VIEW ON SHRIRAMFINGood chart
Stock at all time high
Target 3800
Stop loss 3380
I am just representing my views
For educational purpose only.
Shriram Finance Ltd. - stock analysis Shriram Finance Ltd. - stock analysis
Conclusion:
The price seems to be heading toward the target of ₹3,400, with bullish momentum intact after the breakout. Watch for volume support and any signs of reversal near that price.
for more detail -
Current Price: ₹3,315.70
Recent Price Movement: The stock has shown an upward movement of 12.38%, indicated by the blue arrow, with a target price of around ₹3,400, as you mentioned.
Previous Correction: The stock experienced a decline of 12.57%, as seen in the prior downtrend.
Volume: The CVD (Cumulative Volume Delta) indicator at the bottom suggests positive buying momentum, although it's relatively low.
Analysis:
Pattern: The price broke out of a consolidation range (the blue box), and now it's moving upward.
Target Price: Based on the projection from the breakout, the target seems to be ₹3,400 (indicated by the height of the recent price movement).
Shriram Finance Ltd: Cup & Handle PatternShriram Finance Ltd: Cup & Handle Pattern
15% upside potential
Levels mentioned on chart & given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
SHRIRAM FIN 1HRINTRADAY TRADE
- EARN WITH ME DAILY 10K-20K –
SHRIRAMFIN Looking good for Downside..
When it break level 2942 and sustain.. it will go Downside...
SELL @ 2942
Target
1st 2909
2ND 2866
FUTURE AND OPTION
SHRIRAMFIN AUG FUT – LOT 5 (Qty-1500)
SHRIRAMFIN AUG 3100 PE – LOT 5 (Qty-1500) – PRICE (209.25)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
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SHRIRAMFIN intraday Explosive move...In this stock we have an Inside CPR with Narrow CPR which means Volatile/Big move is expected either side, tomorrow is FINNIFTY expiry so be cautious with trailing Stoploss with entry. Just a view not a Reco... for more detail analysis please comment your query.
SHRIRAM long PositionalDate : 22-06-2024
-------------------------------------
SWING & BO RESEARCH TO OBSERVE :
The stock is trading in a tight range from last 4 trading session and soon we can expect it to break any side.
Here I am bit positive seeing the overall trend
SHRIRAM Looks Good ABOVE 2854
SL 2227
Target 2925, 3149, 3455, 3600, 3954
Hold few weeks
Please consult your financial advisor before investing
All research for educational purposes only.
SHRIRAM FINANCE // 23-05-24 // at Support Area This share trading at support area, may give 8% profit. Take position as per your risk reward ratio and that is not recommended only for educational purposes.
SFL preparing to shift in new upper trajectorygood q4 result , big bullish candle, seen buying interest and certainly will attract Bajaj finance disappointed investor :)
Double bottom pattern breakoutDouble bottom pattern breakout
52 week high breakout with good volumes
#SHRIRAMFIN BREAKS OUT FROM HEAD AND SHOULDERS #SHRIRAMFIN BREAKS OUT FROM HEAD AND SHOULDERS CONTINUATION PATTERN ON WEEKLY TIMEFRAME 📚📈
The price action in Shriram Finance shows a strong uptrend in the weekly time frame.
The price has been consolidating for some time, and the pattern that seems to emerge from this consolidation is a head-and-shoulder continuation pattern.
The price is also reversing off its rising trendline as it crosses above the 20-day moving average.
Shriram Finance is an outperforming stock.
The consolidation phase seems to be coming to an end.
Buy for a rally to 2650 and above that to 2850.
Keep the stop-loss below 2350.
Hold for a couple of weeks.
Shriram finance Ltd: Inverted H&S PatternShriram finance Ltd: Inverted H&S Pattern
10 %upside potential.
Levels mentioned on chart.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
#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)
