Shriram Finance Ltd. - stock analysis 
Conclusion:
The price seems to be heading toward the target of ₹3,400, with bullish momentum intact after the breakout. Watch for volume support and any signs of reversal near that price.
for more detail -
Current Price: ₹3,315.70
Recent Price Movement: The stock has shown an upward movement of 12.38%, indicated by the blue arrow, with a target price of around ₹3,400, as you mentioned.
Previous Correction: The stock experienced a decline of 12.57%, as seen in the prior downtrend.
Volume: The CVD (Cumulative Volume Delta) indicator at the bottom suggests positive buying momentum, although it's relatively low.
Analysis:
Pattern: The price broke out of a consolidation range (the blue box), and now it's moving upward.
Target Price: Based on the projection from the breakout, the target seems to be ₹3,400 (indicated by the height of the recent price movement).
Conclusion:
The price seems to be heading toward the target of ₹3,400, with bullish momentum intact after the breakout. Watch for volume support and any signs of reversal near that price.
for more detail -
Current Price: ₹3,315.70
Recent Price Movement: The stock has shown an upward movement of 12.38%, indicated by the blue arrow, with a target price of around ₹3,400, as you mentioned.
Previous Correction: The stock experienced a decline of 12.57%, as seen in the prior downtrend.
Volume: The CVD (Cumulative Volume Delta) indicator at the bottom suggests positive buying momentum, although it's relatively low.
Analysis:
Pattern: The price broke out of a consolidation range (the blue box), and now it's moving upward.
Target Price: Based on the projection from the breakout, the target seems to be ₹3,400 (indicated by the height of the recent price movement).
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.