Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-12 View latest technical analysis

10 day averaged volume of Shriram Finance is 1356003

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	2794.40	2750.00	2860.00	2750.00	1.332 times
11 Thu Jul 2024	2739.00	2762.10	2785.45	2714.15	0.839 times
10 Wed Jul 2024	2762.10	2793.95	2804.65	2705.00	1.224 times
09 Tue Jul 2024	2792.00	2808.90	2813.95	2775.15	0.938 times
08 Mon Jul 2024	2808.10	2856.00	2856.00	2796.10	0.6 times
05 Fri Jul 2024	2865.85	2835.00	2872.25	2814.30	0.909 times
04 Thu Jul 2024	2833.75	2867.95	2868.00	2820.00	0.584 times
03 Wed Jul 2024	2850.45	2840.00	2885.00	2805.55	1.172 times
02 Tue Jul 2024	2824.90	2927.00	2940.00	2815.65	1.864 times
01 Mon Jul 2024	2924.25	2902.05	2942.00	2902.05	0.984 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2771.1 as stoploss in an intra day buy trade for a target of 2844.93. However, stock will show a bearish move below 2771.1.

Share price targets for Shriram Finance (SHRIRAMFIN)

Target Type	Value
Downside Target	2193.00
Downside Target	2251.00
Downside Target	2325.10
Downside Target	2485.20
Downside Target	2605.65
Downside Target	2658.00
Upside Target	2805.55
Upside Target	2854.50
Upside Target	2860.00
Upside Target	2942.00
Upside Target	3059.45

Intraday share price targets for Shriram Finance (SHRIRAMFIN)

Target Type	Value
Downside Intraday Target	2712.93
Downside Intraday Target	2631.47
Upside Intraday Target	2867.93
Upside Intraday Target	2941.47
Downside Intraday Target	2786.47

Weekly technical analysis of Shriram Finance (SHRIRAMFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	2794.40	2856.00	2860.00	2705.00	0.895 times
05 Fri Jul 2024	2865.85	2902.05	2942.00	2805.55	0.77 times
28 Fri Jun 2024	2911.50	2819.30	3059.45	2779.85	1.271 times
21 Fri Jun 2024	2821.65	2748.95	2854.50	2732.35	0.995 times
14 Fri Jun 2024	2732.15	2510.00	2747.00	2485.20	0.707 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
12 Fri Jul 2024	2794.40	2902.05	2942.00	2705.00	0.395 times
28 Fri Jun 2024	2911.50	2450.00	3059.45	2193.00	1.251 times
31 Fri May 2024	2354.05	2546.55	2658.00	2265.00	1.006 times
30 Tue Apr 2024	2551.70	2371.00	2605.65	2325.10	0.703 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 to mid 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Shriram Finance stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Shriram Finance Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shriram Finance in short term but BUY signal is weak.

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

MRSI is in negative zone. This is the SELL 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 2819.12 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 positive

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