shriram piston buy at cmp 2500, target 15,000buy shriram piston at cmp , lomng term target 15,000 in 3 years.
cup and handle
Shriram
Shriram Properties - Breakdown from Box Pattern (Swing Trade)Shriram Properties has experienced a rejection from all-time highs (ATH) around ₹150 and has broken down from a box pattern (highlighted in orange) between ₹110 and ₹150 , with price action showing low volume during the breakdown. The stock is now approaching a strong support zone between ₹100 and ₹105 , just above the FIB Weekly Zone .
Support Zone: The ₹100-₹105 range has been a key support level multiple times in the past (black arrows).
Box Pattern Breakdown: The stock has broken out of the consolidation phase (box pattern) with low volume, signaling potential weakness.
Rejection from ATH: The stock faced strong rejection near the ATH level of ₹150, which has led to the current downtrend.
FIB Weekly Zone: The ₹90-₹100 zone offers additional support if the price dips further, providing another potential reversal area.
Entry Strategy:
I’ll wait for a bullish candle to form near the support zone (₹100-₹105). Once confirmed, I will look for a 15-minute candle to break the high of the daily candle to confirm the entry.
This setup suggests that a potential reversal could happen near the support zone, but confirmation from price action will be key.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
SHRIRAMFINANCE--Bullish or Bearish ??Observations::
the stock broken the trendline in Daily timeframe strongly, and tested the resistance.
the previous resistance is acts as a support and price moved up again, testing the resistance one more time and now its again at the support.
---------->> If this time @ support showing some bullish pressure, if this will continue price will break the resistance easily, and creates a new high.
--------->> we have a previous resistance @ 1500 range, this time it will test this range.
--------->> If price breaks 1300 range and support acts as resistance price falls below level of support @ 1200 range and below.
we have a trendline in smaller time frame as well, if breaks & retest will observe bullishness. Keep track this instrument.
Shriram Finance for targets of 1800Shriram finance is in consolidation since Nov'2021.Stock seems to have completed its consolidation phase and now looking good for targets for 1800.stop below 1300.
Shriram City Finance BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
SHRIRAM CITY UNION VIEW FOR TODAYSHRIRAM CITY UNION VIEW FOR TODAY
Buy above 1660
Sell below 1630
FOLLOW STRICT RISK REWARD
SHRIRAM Transport is ready to rally to 800SHRIRAM Transport is ready to rally to 800 and can give breakout at 755 to rally towards 940. buy at the support line on the chart.
Forming higher highs and Lower highs indication of strong rally.
ShriRam Transport Positional For target toward 700 !Hello Guy,
If you like my idea you can please share with your friend and comment if you have any question regarding it
Those who can find stocks for Positional buy, I am suggesting to buy Shri Ram transport it can give good return in upcoming weeks for Target toward 600-700-800.
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THANKS, REGARDS
RAVINDRA
