SHRIRAMFIN - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Analysis for SHRIRAMFIN (Shriram Finance Ltd.)

🔍 Trade Rating

Rating: 3.2

This reflects a cautious outlook for intraday trading due to weak momentum indicators and below-average volume, despite solid fundamentals.

📈 Technical Snapshot

Current Price: ₹638

RSI (43.5): Slightly bearish — below neutral zone

MACD (-10.5): Bearish crossover — momentum fading

Volume: ~28% below weekly average — low intraday interest

DMA 50 / 200: Price below DMA 50 but above DMA 200 — mixed signals

52W Index (61.2%): Mid-range — not near breakout or support zones

🛒 Optimal Buy Price (Intraday)

Buy Zone: ₹630–₹638

Entry near ₹630 offers a low-risk setup if price stabilizes and volume picks up

Avoid chasing above ₹640 unless MACD turns positive

🎯 Exit Levels

Strategy Target Price Stop Loss

Conservative Profit ₹645 ₹625

Aggressive Profit ₹655–₹660 ₹620

Trailing Stop Strategy: If price crosses ₹645 with volume, trail stop-loss upward by ₹5 increments

🕒 If Already Holding Today

Exit Signal: If price dips below ₹625 or RSI drops under 40

Momentum Watch

Exit near ₹645 if MACD remains negative or volume fades

Hold only if price breaks ₹650 with RSI > 50 and volume surge

⚠️ Risk Factors

MACD & RSI: Both suggest weak momentum

Volume Lag: Intraday interest appears subdued

Debt-to-Equity (4.15): High leverage — may limit upside

FII Holding Drop (-0.97%): Indicates cautious institutional sentiment

Would you like a swing trade setup for SHRIRAMFIN or a comparison with other NBFCs like CHOLAFIN or BAJFINANCE?

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