It has reversed from Weekly support levels and is now consolidating between 1030-1000. It could go on to test daily kumo resistance at 1060 and Weekly Kijun resitance near 1100 provided it does not breach and sustain below 1000.
Shriram Transport Finance Company Limited (STFC) is an asset financing non-banking finance company. The Company is engaged in providing finance for commercial vehicles and other loans. The Company operates through financing segment. The Company operates through a network of approximately 850 branches. The Company is engaged in pre-owned commercial vehicle (CV) financing business. It services include lendings and deposits. The Company offers lending for heavy duty trucks; medium, intermediate light duty truck; pickup truck and mini truck; passenger vehicle; farm equipment, and construction vehicle and equipment. The Company offers services to similar asset classes (pre-owned and new commercial and passenger vehicles, tractors, three wheelers and multi-utility vehicles) and ancillary services, such as finance for working capital, engine replacement, bill discounting, credit cards and tire-loans as holistic financing support. Shriram Automall India Limited is the Company's subsidiary.
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SRTRANSFIN
![SRTRANSFIN: SRTRANSFIN Long Setup [Intraday]](https://s3.tradingview.com/w/WF3CEG8X_mid.png "SRTRANSFIN Long Setup [Intraday]")
