The chart is a daily candlestick chart of Shriram Finance (SHRIRAMFIN) traded on the NSE, with the date shown as May 30, 2025.
Here’s a summary of the analysis presented in the chart:
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Technical Highlights:
Current Price: ₹639.50
Trend: The price is currently in a downward correction phase.
Support Level: Marked clearly at ₹589.25 — this is the target level indicated by the analyst.
Expectation: The chart suggests a bullish reversal (bounce) from the ₹589.25 level, as illustrated by the curved arrow.
Moving Average: A short-term moving average (possibly 10 or 20-day) is shown, with the price hovering just below it — indicating potential short-term weakness.
High/Low Reference:
Recent High: ₹717.50
Recent Low: ₹508.60
Here’s a summary of the analysis presented in the chart:
---
Technical Highlights:
Current Price: ₹639.50
Trend: The price is currently in a downward correction phase.
Support Level: Marked clearly at ₹589.25 — this is the target level indicated by the analyst.
Expectation: The chart suggests a bullish reversal (bounce) from the ₹589.25 level, as illustrated by the curved arrow.
Moving Average: A short-term moving average (possibly 10 or 20-day) is shown, with the price hovering just below it — indicating potential short-term weakness.
High/Low Reference:
Recent High: ₹717.50
Recent Low: ₹508.60
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.