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Rakesh Madhav CFA

17th Jan · SEBI-Registered Analyst

🚀 Shriram Finance: Relentless Trend, No Signs of Fatigue

SHRIRAMFIN
Technical snapshot Strong higher high–higher low structure intact Sharp impulsive leg followed by tight consolidation EMA support acting as a dynamic demand zone Volume spikes aligned with breakout candles What’s driving strength Shriram Finance continues to be one of the cleanest trenders in the financial space, backed by consistent earnings visibility and leadership in retail credit. The chart shows controlled consolidation after a sharp rally, which is typically a sign of strength, not weakness. Market takeaway As long as price respects the rising averages, this remains a buy-on-dips structure. Momentum traders will stay interested until the trend decisively breaks — which it hasn’t.

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