Overall Technical outlook

Price Summary

2025-05-30, saw SHRIRAMFIN's stock open at 643.1, hit a peak of 654.95, fall to a low of 637.25, and close lower -0.58% at 639.35, with 6692591 shares changing hands.
Throughout the 52-week period, the stock hit a high of 3628.45 and a low of 511.65.
Analysts predict that the future price will fluctuate between 551.0 and 820.0, with the mean expected price being approximately 726.68823.

Technicals

Support and Resistance: The current price is 639.35, with support at 631.11 and resistance at 656.0. This range suggests that the price might move between these levels, with 631.11 offering support and 656.0 capping further gains for Shriram Finance Limited.
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Support/Resistance for SHRIRAMFIN


Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Aroon chart for Shriram Finance Limited


Bol. Bands: The current reading of the BOLL BANDS 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.
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Bolinger Bands chart for Shriram Finance Limited


Parabolic SAR: The PSAR continues its bearish trend for Shriram Finance Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment.
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Parabolic Stop and Reverse chart for Shriram Finance Limited


Stochastic: The current reading of the STOCHASTIC 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.
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Stochastic chart for Shriram Finance Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Tripple SMA chart for Shriram Finance Limited


A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.