$SHRIRAMFIN short analysisNSE:SHRIRAMFIN short analysis might play out as in 4h and 1 hour we have down choch
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213.90 INR
73.66 B INR
356.86 B INR
271.54 M
About SHRIRAM FINANCE LTD
Sector
Industry
Headquarters
Mumbai
Website
Founded
1979
ISIN
INE721A01013
FIGI
BBG000CZS3C8
Shriram Finance Ltd. engages in the provision of financial services. It offers commercial vehicle finance, consumer finance, life and general insurance, stock broking, chit funds, and distribution of financial products such as life and general insurance products, and units of mutual funds. The company was founded on June 30, 1979 and is headquartered in Mumbai, India.
Shriram Finance Bullish Breakout – Time to Join the Bull Ride!➡️ Bullish breakout confirmed above ₹3,622.50
➡️ Strong ascending trend line support
➡️ Next targets: ₹3,750+ on the upside
Possible shortBelow rising channel looks weak.
Red line is trigger
Rising wedge and support zone confluence zone possible primary tgt.
Here if rising wedge has a breakdown..
Tgt can be even bigger around 2850.
Not a trading advice. Risks and rewards all yours !
SHRIRAMFINANCE LOOK FOR BUY1. Trend and Moving Averages:
- The stock is in an uptrend with a series of higher highs and higher lows.
- The chart shows two moving averages, 9 and 21-period. The stock is trading above both
moving averages, which confirms the uptrend.
2. Support and Resistance :
- The cha
Shriram Finance-Bullish Swing- Chance of breakout!! NSE:SHRIRAMFIN
01.08.2024
Buy 2987
Target 3137
Stop Loss 2837
Risk :Reward- 1:1
1. Inside bar breakout
2. Very good retracement after consolidation breakout.
3. Resistance turned to support zone
at 0.382 Fibonacci
4. Reducing volumes in bearish candles and
good volumes in breakout candle
5
SHRIRAM FINANCE LTD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/share) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (re
short term targetwell-known company
good fund mental
breakout chart
run away gap in today sesion
bulish candle
SHRIRAMFIN | SWING | LONGCreating a nice base near highs
Volume contraction
Negative:
EMA's Flatting which means the price is lacks momentum
Caution:
Overall market conditions are highly volatile which can impact the trade idea
Shriram Finance: Bullish Flag Signals Further GainsShriram Finance Ltd.'s recent price action presents a classic bullish flag pattern, indicating a potential continuation of the upward trend. This pattern, characterized by a sharp rise followed by a brief consolidatory period, suggests that the stock could be gearing up for another leg higher. Trade
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of SHRIRAMFIN is 2,802.20 INR — it has decreased by −0.82% in the past 24 hours. Watch SHRIRAM FINANCE LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange SHRIRAM FINANCE LTD stocks are traded under the ticker SHRIRAMFIN.
SHRIRAMFIN stock has fallen by −6.29% compared to the previous week, the month change is a −11.39% fall, over the last year SHRIRAM FINANCE LTD has showed a 39.76% increase.
We've gathered analysts' opinions on SHRIRAM FINANCE LTD future price: according to them, SHRIRAMFIN price has a max estimate of 4,280.00 INR and a min estimate of 3,275.00 INR. Watch SHRIRAMFIN chart and read a more detailed SHRIRAM FINANCE LTD stock forecast: see what analysts think of SHRIRAM FINANCE LTD and suggest that you do with its stocks.
SHRIRAMFIN reached its all-time high on Sep 27, 2024 with the price of 3,652.25 INR, and its all-time low was 1.95 INR and was reached on Feb 10, 1999. View more price dynamics on SHRIRAMFIN chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SHRIRAMFIN stock is 2.49% volatile and has beta coefficient of 1.68. Track SHRIRAM FINANCE LTD stock price on the chart and check out the list of the most volatile stocks — is SHRIRAM FINANCE LTD there?
Today SHRIRAM FINANCE LTD has the market capitalization of 1.06 T, it has decreased by −7.96% over the last week.
Yes, you can track SHRIRAM FINANCE LTD financials in yearly and quarterly reports right on TradingView.
SHRIRAM FINANCE LTD is going to release the next earnings report on Jan 23, 2025. Keep track of upcoming events with our Earnings Calendar.
SHRIRAMFIN earnings for the last quarter are 55.01 INR per share, whereas the estimation was 54.94 INR resulting in a 0.13% surprise. The estimated earnings for the next quarter are 58.90 INR per share. See more details about SHRIRAM FINANCE LTD earnings.
SHRIRAM FINANCE LTD revenue for the last quarter amounts to 57.46 B INR, despite the estimated figure of 56.99 B INR. In the next quarter, revenue is expected to reach 60.17 B INR.
SHRIRAMFIN net income for the last quarter is 21.40 B INR, while the quarter before that showed 20.23 B INR of net income which accounts for 5.81% change. Track more SHRIRAM FINANCE LTD financial stats to get the full picture.
SHRIRAM FINANCE LTD dividend yield was 1.91% in 2023, and payout ratio reached 22.92%. The year before the numbers were 2.78% and 21.80% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 21, 2024, the company has 74.64 K employees. See our rating of the largest employees — is SHRIRAM FINANCE LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SHRIRAM FINANCE LTD EBITDA is 162.43 B INR, and current EBITDA margin is 76.27%. See more stats in SHRIRAM FINANCE LTD financial statements.
Like other stocks, SHRIRAMFIN shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SHRIRAM FINANCE LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SHRIRAM FINANCE LTD technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SHRIRAM FINANCE LTD stock shows the buy signal. See more of SHRIRAM FINANCE LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.