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Technicals for Shriram Finance Limited
By MusingTheNews
2025-10-17 20:55
Overall Technical outlook
Price Summary
On 2025-10-17, Shriram Finance Limited's stock began at 672.2, peaked at 679.65, bottomed at 670.1, and closed 0.49% up at 675.5, with a volume of 3516422 shares. During the past 52 weeks, the highest stock price was 3344.65, and the lowest was 511.65. Analysts' predictions indicate that SHRIRAMFIN's future price will be between 578.0 and 850.0, with a mean price expectation of approximately 721.8125.
Technicals
Support and Resistance: The current price of 675.5 for SHRIRAMFIN is supported at 658.0 and faces resistance at 698.0. These levels indicate that 658.0 could act as a floor, while 698.0 might limit any further price increases. Support/Resistance for SHRIRAMFIN
Aroon: The current reading of the AROON is neutral for SHRIRAMFIN, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Shriram Finance Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Shriram Finance Limited
Parabolic SAR: The PSAR for SHRIRAMFIN maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Shriram Finance Limited
Stochastic: The K-line has fallen below the D-line on the stochastic indicator, yet it remains above 80, signaling the possible start of a bearish price move for SHRIRAMFIN. This suggests that the market's upward momentum is losing strength, which could lead to a decline. Investors should be mindful of this potential shift. Stochastic chart for Shriram Finance Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for Shriram Finance Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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