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Stock analysis Shriram Finance Limited SHRIRAMFIN

More indepth analysis on MunafaSutra.com

Moving Averages for Shriram Finance Limited

  • 5Day Average: 2474.13
  • 12Day Average: 2446.86
  • 20Day Average: 2465.7
  • 50Day Average: 2419.9
  • 100Day Average: 2306.91
  • 150Day Average: 2179.22
  • 200Day Average: 2096.58

SHRIRAMFIN Indicators & signals

Indicator MACD (12,26,9)

2459.08, 2440.96, 16.3
Indicator MACD is in positive zone

Indicator ADX (14)

8.29, 23.84, 20.19
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHRIRAMFIN Shriram Finance Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
29 Mon Apr 2024 2492.20 2430.25 to 2576.95 -0.26% 1.59 times
26 Fri Apr 2024 2498.60 2337.00 to 2536.95 0.27% 2.78 times
25 Thu Apr 2024 2491.85 2422.25 to 2504.30 1.25% 1.95 times
24 Wed Apr 2024 2461.05 2418.00 to 2481.70 1.41% 1.13 times
23 Tue Apr 2024 2426.95 2417.10 to 2456.40 0.09% 0.39 times
22 Mon Apr 2024 2424.65 2374.00 to 2432.30 2.46% 0.47 times
19 Fri Apr 2024 2366.55 2325.10 to 2378.65 -0.21% 0.64 times
18 Thu Apr 2024 2371.45 2361.10 to 2442.25 -1.22% 0.91 times
16 Tue Apr 2024 2400.75 2368.35 to 2424.00 -0.58% 0.54 times
15 Mon Apr 2024 2414.65 2408.05 to 2493.00 -2.85% 0.64 times
12 Fri Apr 2024 2485.60 2478.90 to 2519.95 -1.68% 0.55 times
10 Wed Apr 2024 2528.05 2519.50 to 2566.25 -0.88% 0.47 times

Technical analysis forecast of Shriram Finance Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Shriram Finance Limited SHRIRAMFIN at this time. Stock is rising and might rise more.

It appears as if Shriram Finance Limited SHRIRAMFIN gave a large move recently.

Stock of Shriram Finance Limited (SHRIRAMFIN) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Shriram Finance Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2511 as stoploss in an intra day sell trade for a target of 2448.62. However, stock will show a bullish move above 2511.

More indepth analysis on MunafaSutra.com