SHRIRAM FINANCE LTD
Long
Updated

Shriram Finance-Bullish Swing- Chance of breakout!!

278
https://www.tradingview.com/x/N9l5XSPx/snapshot SHRIRAMFIN

01.08.2024
Buy 2987
Target 3137
Stop Loss 2837
Risk :Reward- 1:1

1. Inside bar breakout
2. Very good retracement after consolidation breakout.
3. Resistance turned to support zone
at 0.382 Fibonacci
4. Reducing volumes in bearish candles and
good volumes in breakout candle
5. Price failed to reach support after creating double top
Trade closed: stop reached
Stop loss reached. Market tension and global cues
Trade closed: target reached
Target has achieved now

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