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).
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).
כתב ויתור
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