Shriram Finance at Crossroads: Breakout or Breakdown..?
* CMP: ₹633
* Resistance: ₹640 (important barrier)
* Support: ₹630 (trendline + price support)
* Trend: Short-term uptrend
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🔼 Bullish Scenario
* If price breaks and sustains above ₹640, it may extend the uptrend.
* Upside targets:
* 🎯 ₹648
* 🎯 ₹655
🔽 Bearish Scenario
* If price breaks below the trendline and loses ₹630 support, downside pressure likely.
* Downside targets:
* 🎯 ₹624
* 🎯 ₹620
📌 Conclusion
* As long as ₹630 holds, buyers have control.
* A breakout above ₹640 will strengthen the bullish case.
* A breakdown below ₹630 shifts sentiment bearish, opening room for deeper correction.
