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(SHRIRAMFIN) Shriram Finance complete technical analysis [charts+indicators] | Buy/Sell Shriram Finance | (SHRIRAMFIN) share price targets

Complete technical analysis of Shriram Finance (SHRIRAMFIN) by charts plus indicators, forecast predictions and share price targets for Shriram Finance (SHRIRAMFIN)

Showing technical analysis as on 2024-12-18 View latest technical analysis

10 day averaged volume of Shriram Finance is 1149356

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	2931.40	2976.90	3033.00	2908.85	1.296 times
17 Tue Dec 2024	2976.90	3135.00	3135.00	2965.25	1.812 times
16 Mon Dec 2024	3137.45	3174.00	3197.00	3127.00	0.512 times
13 Fri Dec 2024	3162.55	3242.05	3254.65	3117.60	1.045 times
12 Thu Dec 2024	3248.10	3239.50	3265.00	3221.55	0.889 times
11 Wed Dec 2024	3248.25	3195.50	3267.60	3178.00	1.279 times
10 Tue Dec 2024	3186.50	3125.45	3197.15	3109.00	0.98 times
09 Mon Dec 2024	3106.90	3100.60	3163.35	3095.50	0.69 times
06 Fri Dec 2024	3126.35	3127.00	3148.25	3093.60	0.556 times
05 Thu Dec 2024	3126.30	3152.45	3159.05	3073.00	1.238 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2950, but if it comes above 2950, then a intra day buy could be more profitable.
If you take a sell trade below 2950, then use 2950 as stoploss and 2808.3 as target. However if you take a buy trade in stock , then use 2950 as stoploss and 3068.08 as target.

Share price targets for Shriram Finance (SHRIRAMFIN)

Target Type	Value
Downside Target	2745.55
Downside Target	2808.10
Downside Target	2866.80
Upside Target	3010.70
Upside Target	3190.05
Upside Target	3200.00
Upside Target	3206.90
Upside Target	3267.60
Upside Target	3268.90
Upside Target	3627.80
Upside Target	3652.25

Intraday share price targets for Shriram Finance (SHRIRAMFIN)

Target Type	Value
Downside Intraday Target	2827.83
Downside Intraday Target	2724.27
Upside Intraday Target	3115.98
Upside Intraday Target	3300.57
Upside Intraday Target	3012.42

Weekly technical analysis of Shriram Finance (SHRIRAMFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	2931.40	3174.00	3197.00	2908.85	0.742 times
13 Fri Dec 2024	3162.55	3100.60	3267.60	3095.50	0.895 times
06 Fri Dec 2024	3126.35	3019.65	3206.90	3010.70	0.687 times
29 Fri Nov 2024	3019.65	2926.95	3079.30	2926.95	1.92 times
22 Fri Nov 2024	2850.05	2822.60	2866.80	2745.55	1.013 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shriram Finance (SHRIRAMFIN)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	2931.40	3019.65	3267.60	2908.85	0.671 times
29 Fri Nov 2024	3019.65	3159.00	3200.00	2745.55	0.662 times
31 Thu Oct 2024	3138.90	3577.00	3627.80	3028.00	1.56 times
30 Mon Sep 2024	3576.95	3219.95	3652.25	3190.05	0.858 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Shriram Finance (SHRIRAMFIN)

Price action analysis of Shriram Finance ( (SHRIRAMFIN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shriram Finance ( (SHRIRAMFIN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shriram Finance ( (SHRIRAMFIN) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shriram Finance ( (SHRIRAMFIN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Shriram Finance stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shriram Finance in short term and the sell signal is strong.

Shriram Finance Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shriram Finance in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Shriram Finance is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3109.8 and Shriram Finance (SHRIRAMFIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Shriram Finance (SHRIRAMFIN) stock. Volume based technical analysis of Shriram Finance (SHRIRAMFIN) stock is negative.

Shriram Finance Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.