BullFO

2020 Shriram Transport (SRTRANSFIN) technical analysis [forecast] stock price targets

Shriram Transport technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Shriram Transport deals in Finance (including NBFCs) Shriram Transport option chain analysis

Date Close Open High Low Volume
23 Wed Sep 613.10 645.20 650.50 606.95 34.69 lakhs
22 Tue Sep 640.65 637.50 647.00 613.05 40.25 lakhs
21 Mon Sep 637.45 649.40 652.85 631.00 32.21 lakhs
18 Fri Sep 646.60 655.95 661.65 634.00 28.62 lakhs
17 Thu Sep 654.35 654.35 661.00 646.65 27.23 lakhs
SRTRANSFIN chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 631.5, but if it comes above 631.5, then a intra day buy could be more profitable.
If you take a sell trade below 631.5, then use 631.5 as stoploss and 586.4 as target. However if you take a buy trade in stock , then use 631.5 as stoploss and 669.05 as target.

  • Daily Price action analysis of SRTRANSFIN based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

  • Daily Price action analysis of SRTRANSFIN based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

  • Daily Price action analysis of SRTRANSFIN based on a mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Intraday technical analysis of Shriram Transport

Stock is trading at 613.10 as on 23 Wed Sep 15:33

Day open is at 645.20, day high is at 650.50, day low is at 606.95, and day volume is at 1148.57 lakhs so far.

First 15 minute high low range is 637.00 - 650.50

First hour high low range is 634.30 - 650.50

Date Intraday Price Open High Low Volume
23 Wed Sep 15:33 613.10 645.20 650.50 606.95 3467552
23 Wed Sep 15:30 613.30 645.20 650.50 606.95 3467552
23 Wed Sep 15:25 612.80 645.20 650.50 606.95 3368971
23 Wed Sep 15:20 612.45 645.20 650.50 606.95 3295680
23 Wed Sep 15:15 614.00 645.20 650.50 606.95 3176997
Intraday SRTRANSFIN chart

Trend of Shriram Transport is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Shriram Transport (SRTRANSFIN) intraday stock price targets

  • EntEntry: 643.75 or 619.375
  • Upside target: 650.5
  • Downside target : 623.5
  • Second Upside target: 631.8
  • Second Downside target : 588.25

Shriram Transport (SRTRANSFIN) weekly technical analysis

Date Weekly Close Open Range Volume
23 Wed Sep 613.10 649.40 606.95
652.85
107.139 lakhs
18 Fri Sep 646.60 650.00 631.45
665.75
164.653 lakhs
11 Fri Sep 643.65 693.00 620.65
693.70
215.386 lakhs
04 Fri Sep 687.45 780.20 669.05
792.90
273.68 lakhs
28 Fri Aug 772.75 690.00 680.55
783.70
355.134 lakhs
weekly SRTRANSFIN chart

Weekly forecast of Shriram Transport is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Shriram Transport based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Weekly Price action analysis of Shriram Transport based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Shriram Transport (SRTRANSFIN) Monthly technical analysis

Date Monthly Close Open Range Volume
23 Wed Sep 613.10 709.00 606.95
720.00
666.397 lakhs
31 Mon Aug 702.45 692.40 636.10
792.90
1082.767 lakhs
31 Fri Jul 691.30 692.65 644.50
784.35
1030.682 lakhs
30 Tue Jun 689.60 585.00 563.05
734.00
1688.225 lakhs
29 Fri May 572.30 740.00 527.75
807.00
1196.571 lakhs
monthly SRTRANSFIN chart

Monthly forecast of Shriram Transport is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Shriram Transport based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Monthly Price action analysis of Shriram Transport based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Shriram Transport Daily stock price targets

  • Upside daily target: 672.13
  • Upside daily target: 638.08
  • Downside daily target: 588.25

Shriram Transport Weekly stock price targets

  • Upside weekly target: 829.8
  • Upside weekly target: 755.18
  • Upside weekly target: 714.05
  • Upside weekly target: 668.68
  • Upside weekly target: 632.98
  • Downside weekly target: 595.63

Shriram Transport Monthly stock price targets

  • Upside monthly target: 1482.38
  • Upside monthly target: 1243.18
  • Upside monthly target: 1153.46
  • Upside monthly target: 1080.93
  • Upside monthly target: 1009.4
  • Upside monthly target: 920.23
  • Upside monthly target: 826.08
  • Upside monthly target: 737.83
  • Upside monthly target: 691.16
  • Upside monthly target: 640.55
  • Downside monthly target: 608.7
  • Downside monthly target: 553.5
  • Downside monthly target: 410.4
  • Downside monthly target: 91.25

Shriram Transport (SRTRANSFIN) indicators technical analysis

Price action analysis of Shriram Transport (SRTRANSFIN) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Shriram Transport stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shriram Transport in short term and the sell signal is strong.

Shriram Transport Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shriram Transport in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Shriram Transport is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 640.28 and Shriram Transport SRTRANSFIN stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Shriram Transport SRTRANSFIN stock. Volume based technical analysis of Shriram Transport SRTRANSFIN stock is negative.

Shriram Transport Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Related companies

Quick Charts: Daily Charts Long term Charts Weekly Charts Monthly Charts Renko Charts PNF Charts

chart SRTRANSFIN