Shriram Transport Share Analysis
| Current Price ₹ 1,315 | Market Cap ₹ 35,564 Cr. | Dividend Yield 1.52 % |
| High / Low ₹ 1,696 / 1,002 | Book Value ₹ 965 | ROE 11.4 % |
| Stock P/E 13.1 | ROCE 9.90 % | Face Value ₹ 10.0 |
Shriram Transport Share is in uptrend and looking good to buy at CMP.
Buy SRTRANSFIN around Rs . 1300 – 1320 for the Targets of Rs .1500 and 1650.
Stoploss Rs. 1204.
Expected profit 27% | Loss 8%
Hodling period should be atleast 60 Days..
CMP- 1314 | Support- 1204 | Resistance- 1650 | Trend UP↑
Technical Analysis
| MOVING AVERAGES | Indication |
|---|---|
| Simple Moving Average (9) | Bullish |
| Simple Moving Average (18) | Bullish |
| Simple Moving Average (25) | Bearish |
| Simple Moving Average (43) | Bearish |
| Simple Moving Average (100) | Bullish |
| Simple Moving Average (200) | Bullish |
| OSCILLATORS | Indication |
|---|---|
| Commodity Channel Index (20) | Bearish |
| Williamson%R(14) | Bullish |
| MACD(12,26,9) | Bearish |
| Relative Strength Index (14) | Bearish |
| MFI(14) | Bullish |
| Stochastic(20,3) | Oversold |
| PIVOT LEVELS | R1 | R2 | R3 | PP | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | 1,329.80 | 1,344.95 | 1,371.90 | 1,302.85 | 1,287.70 | 1,260.75 | 1,245.60 |
| Fibonacci | 1,318.93 | 1,328.87 | 1,344.95 | 1,302.85 | 1,286.77 | 1,276.83 | 1,260.75 |
| Camarilla | 1,318.51 | 1,322.37 | 1,326.23 | 1,302.85 | 1,310.79 | 1,306.93 | 1,303.07 |
| Strengths |
|---|
| Na |
| Weaknesses |
|---|
| Company has low interest coverage ratio. |
| Company has a low return on equity of 12.70% for last 3 years. |
| Daily Trend – Bullish ↑ |
| Weekly Trend – Bullish ↑ |
| Monthly Trend – Bearish ↓ |
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(*Note:- The recommendation are based on technical analysis. There is a risk of loss.)
