Shriram Finance Technical learning

Weekly chart -

Shriram Finance From Sept 2020 the stock has respected RSI 40 on weekly chart Please refer the bottom part of the chart for RSI movement This indicates that for medium to long term the chart never went in bearish momentum after Sept 2020 We can conclude that RSI 40 on weekly chart is a very good support for medium to long term investors. NBFCs on selective basis are very attractive. This sector can be a good investment bet for long term. All this is for information. This is not a buy/sell recommendation.