#SHRIRAMFIN BREAKS OUT FROM HEAD AND SHOULDERS

#SHRIRAMFIN BREAKS OUT FROM HEAD AND SHOULDERS CONTINUATION PATTERN ON WEEKLY TIMEFRAME 📚📈

The price action in Shriram Finance shows a strong uptrend in the weekly time frame.

The price has been consolidating for some time, and the pattern that seems to emerge from this consolidation is a head-and-shoulder continuation pattern.

The price is also reversing off its rising trendline as it crosses above the 20-day moving average.

Shriram Finance is an outperforming stock.

The consolidation phase seems to be coming to an end.

Buy for a rally to 2650 and above that to 2850.

Keep the stop-loss below 2350.

Hold for a couple of weeks.