Shriram Finance Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Shriram Finance closed the previous week on a negative note losing 3.74%

Technically, Shriram Finance share price will see immediate support at 1,782.20 and immediate resistance would be seen at 1,851.30

If Shriram Finance share price closes below immediate support of 1,782.20, then sharp breakdown can be seen. Shriram Finance share price will see major support at 1,746.55 for the week.

On the positive side, immediate resistance will be seen at 1,851.30. Closing above 1,851.30, Shriram Finance share price will see a sharp breakout. Major resistance for Shriram Finance share price will be seen at 1,884.75 for the week.

Trading range for Shriram Finance share price for this week should be between 1,713.10 on down side and 1,920.40 on up side.

Shriram Finance Previous Week High: 1849.1

Shriram Finance Previous Week Low: 1780

Shriram Finance Previous Week Range: 69.1 Points

Shriram Finance share price support and resistance for the week (July 31, 2023 – August 04, 2023)