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By EquityPandit

MARKET OUTLOOKSHRIRAMFINSTOCK OUTLOOK

Shriram Finance Outlook for the Week (February 05, 2024 – February 09, 2024)

Shriram Finance closed the previous week on a negative note losing 7.79%.

Technically, Shriram Finance share price will see immediate support at 2,306.25 and immediate resistance would be seen at 2,500.65.

If Shriram Finance share price closes below immediate support of 2,306.25, then sharp breakdown can be seen. Shriram Finance share price will see major support at 2,207.00 for the week.

2500.002500.002400.002400.002300.002300.002200.002200.002100.002100.002000.002000.001900.001900.00Dec 21Dec 21Dec 27Dec 27Jan 1Jan 1Jan 4Jan 4Jan 9Jan 9Jan 12Jan 12Jan 17Jan 17Jan 20Jan 20Jan 25Jan 25Jan 31Jan 31Reversal Level 2376.39BuyBuySell

On the positive side, immediate resistance will be seen at 2,500.65. Closing above 2,500.65, Shriram Finance share price will see a sharp breakout. Major resistance for Shriram Finance share price will be seen at 2,595.80 for the week.

Trading range for Shriram Finance share price for this week should be between 2,111.85 on down side and 2,695.05 on up side.

Shriram Finance Previous Week High: 2496.55

Shriram Finance Previous Week Low: 2302.15

Shriram Finance Previous Week Range: 194.4 Points

Shriram Finance share price support and resistance for the week (February 05, 2024 – February 09, 2024)

Level Type Value
Resistance 3 2,695.05
Resistance 2 2,595.80
Resistance 1 2,500.65
Support 1 2,306.25
Support 2 2,207.00
Support 3 2,111.85
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