SHRIRAM FINANCE

506
Hello & welcome to this analysis

After a very strong uptrend the stock went into a consolidation to form a cup & handle pattern, the handle being completed now in the form of a triangle.

As long as it does not break below 640 it has a high probability of breaking above the trendline at 700 for targets of 800 / 875 / 950

Good risk reward set up at the moment.

All the best

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