SHRIRAMFIN - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:55 pm

Technical Rating: 4.4

📈 Chart & Trend Analysis:

SHRIRAMFIN is trading at ₹902, well above its 50 DMA (₹793) and 200 DMA (₹691), confirming a strong bullish trend. RSI at 65.8 indicates healthy momentum, approaching overbought territory. MACD at 19.0 is positive, supporting continued upward momentum. Price is near its 52-week high (₹914), showing strong resistance at current levels. Bollinger Bands suggest price is near the upper band, reflecting strong buying interest. Current volume (1.33 Cr) is significantly higher than the weekly average (98 lakh), confirming accumulation strength.

🔑 Momentum Signals:

- RSI near 66 shows strong momentum, close to overbought zone.

- MACD positive, confirming bullish continuation.

- Price above both DMAs signals trend strength.

- Elevated volume indicates strong institutional and retail participation.

🎯 Entry & Exit Zones:

- Support: ₹790 – ₹800 (near 50 DMA).

- Resistance: ₹910 – ₹915 (recent high).

- Optimal Entry: ₹850 – ₹880 range on dips.

- Exit/Profit Booking: ₹910 – ₹915 unless breakout occurs.

📊 Trend Status:

The stock is trending upward with strong bullish signals. Sustained volume and momentum suggest potential breakout above ₹915.

Positive

• Price trading above both 50 DMA and 200 DMA.
• Quarterly PAT improved to ₹2,307 Cr from ₹2,156 Cr.
• EPS at ₹54.1 reflects strong earnings base.
• DII holdings increased (+2.33%), showing domestic investor confidence.
• Dividend yield at 1.16% provides income return.

Limitation

• RSI near overbought zone, risk of short-term correction.
• Debt-to-equity ratio at 3.88 indicates high leverage.
• FII holdings reduced (-3.00%), showing weaker foreign investor confidence.

Company Negative News

• High leverage may limit financial flexibility.
• FII outflows (-3.00%) reflect reduced foreign investor sentiment.

Company Positive News

• Quarterly PAT growth of 11.4% shows consistent profitability.
• DII inflows (+2.33%) highlight strong domestic support.
• Stock trading near 52-week high (₹914), reflecting strong momentum.

Industry

• Industry P/E at 21.2, SHRIRAMFIN trades at a discount (P/E 18.8).
• Financial services sector showing steady demand and growth opportunities.
• Peers trade at higher multiples, making SHRIRAMFIN relatively attractive.

Conclusion

🚀 SHRIRAMFIN is in a bullish trend with strong technical signals. Entry near ₹850–₹880 offers favorable risk-reward, while resistance at ₹910–₹915 is the key breakout zone. Strong fundamentals and domestic investor support back the trend, but high leverage and overbought RSI warrant cautious positioning near highs.