Shriram Finance Limited | Near a resistance | Latest stock market news
(3 minutes read)

Stock name: Shriram Finance Limited

Pattern: Near a resistance

Time frame: Daily

Observation:

The stock has been consolidating for a while and has formed a Cup and Handle pattern.

However, instead of breaking out, the stock is forming a shooting star kind of a candle, which indicates selling pressure near the neckline resistance.

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Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.

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