Shriram Transport: Consolidation done, looks ready to move!
Shriram Transport has been in a 200 point narrow range since Feb 2021. Above 1420, which is also above its 20/50/100 DMA, stock looks set to 1480-1520 range. Breakout above 1520 should take it to 1800. CV cycle recovery is on the cards. Shriram Transport is a default beneficiary. Co has managed to contain NPAs better than others and has posted stable Q4. Q1 numbers and commentary will be the catalyst. Watch out!
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.