The stock $SHRIRAMFIN is remains in a strong long-term uptrend after a sharp rally from the ₹600 zone. Following the rally the stock entered a healthy consolidation phase between ₹950 and ₹1100. Recent price action shows buyers defending higher levels indicating that the overall bullish structure is still intact. The stock is currently trading near the upper end of its consolidation range and is preparing for a potential breakout. The immediate support is placed around ₹1000–1020 where buying interest has been visible during recent pullbacks. A stronger support lies near ₹950–970 which is the base of the current consolidation. On the upside, ₹1080–1100 is the key resistance zone. A decisive breakout above this level with strong volume could open the path towards ₹1150–1200. The stock continues to trade above its major support levels and is forming a bullish consolidation pattern. The recent higher lows suggest that buyers remain in control despite short-term volatility. A breakout above ₹1100 would confirm the continuation of the primary uptrend and could attract fresh momentum buying. Fresh buying can be considered on a sustained breakout above ₹1100 with strong volume confirmation. Traders may also look for buying opportunities near the ₹1000–1020 support zone with proper risk management. A close below ₹950 would weaken the current bullish setup.

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