Chart of Shriram Finance Limited

🔍 1️⃣ Big Structure Phase 1: Strong Uptrend Clean rally till ~₹800 👉 Clear institutional buying Phase 2: Sharp Pullback Fast fall to ~₹700 👉 Profit booking, not trend change 🧠 2️⃣ What Most People Misread 👉 “Stock gir gaya = bearish” ❌ Wrong 👉 This is healthy correction in uptrend ⚡ 3️⃣ Current Price Action Now look closely: ✅ Strong Bullish Candle Big green candle from support Almost vertical move 👉 This is demand entry ✅ Support Zone ₹700–720 holding well 👉 Buyers defending aggressively 💥 4️⃣ What This Setup Is 👉 This is: Pullback → Continuation Setup NOT breakdown 🚀 5️⃣ What Happens Next If momentum continues: 👉 Price will retest highs near ₹800 Then: Breakout possible 📊 6️⃣ Trade Plan 🟢 Aggressive Entry Already triggered near ₹730–740 🔵 Safe Entry Minor pullback after big candle 🎯 Targets ₹780 ₹800 Breakout → ₹850 possible ❌ Stop Loss Below ₹700