The latest available market data shows that Shriram Finance closed at ₹865 on Friday, October 23, 2026, after falling approximately 4% during the session. Your uploaded one-hour chart shows a bearish trend, with the price near ₹867 and below all three moving averages. The next trading session is Monday, October 26, 2026.
The immediate technical picture is weak, although the stock has approached a support zone where a short-term rebound could develop. The key question for tomorrow is whether buyers can defend ₹867 and the lower support near ₹833–835, or whether selling pressure pushes the price lower.
Shriram Finance Stock Target Tomorrow
Based on the supplied chart and the latest available closing price, the following levels are relevant for the next trading session.
| Technical Indicator | Price Level |
|---|---|
| Latest closing price | ₹865 |
| Immediate support | ₹867* |
| Major support | ₹833–835 |
| Immediate resistance | ₹900–901 |
| Next resistance | ₹926 |
| Major resistance | ₹975 |
*The ₹867 level is the reference line drawn on your screenshot; the latest reported close was ₹865. The stock closed below that reference, so it should not automatically be treated as confirmed support.
Today’s Performance Decoding
Shriram Finance experienced substantial selling pressure on October 23, closing at ₹865, down approximately 4% from its previous close of ₹900.90. The stock opened at ₹900, reached an intraday high of ₹923.05 and fell to ₹833.60 before the session ended.
The price action is consistent with the bearish structure in your one-hour chart. The stock is trading below its blue moving average near ₹900.75, yellow moving average near ₹926.17 and green moving average near ₹975. These moving averages indicate that sellers currently have the advantage.
The long upper-to-lower decline and the recent breakdown below ₹900 suggest that the stock needs to reclaim the ₹900–901 area before a meaningful short-term recovery can be considered.
Immediate Tomorrow Targets
For Monday, October 26, 2026, the immediate outlook remains cautious. The stock’s next move will depend on whether buyers can defend the recent low and recover the first resistance zone.
Bullish scenario: If Shriram Finance stabilises above ₹867 and recovers through ₹880–885, the next important test will be ₹900–901. A sustained move above ₹901 could open the way toward ₹920–926. A stronger recovery would require improved buying volume and a convincing breakout above resistance.
Bearish scenario: If the stock remains below ₹867 and selling resumes, the recent low around ₹833–835 becomes the most important support zone. A decisive break below ₹833 could lead to further downside, although the next target would need to be assessed from updated price action.
Sideways scenario: If the stock holds above ₹833–835 but fails to recover ₹900, it may consolidate within a broad range while traders assess the impact of the quarterly results.
For tomorrow, the most important levels are ₹833–835 on the downside and ₹900–901 on the upside. These are conditional technical reference points, not guaranteed targets.
Swing Trading Targets
The broader trend remains bearish, so swing traders should wait for confirmation before assuming the recent fall has ended.
Swing Trading Target 1: ₹900–901
This is the first major recovery level. The stock previously traded around this area, but the latest session closed below it. A sustained recovery above ₹901 would be an early sign that selling pressure is easing.
Swing Trading Target 2: ₹926
The yellow moving average and horizontal resistance around ₹926 make this an important hurdle. A breakout above ₹926 would improve the recovery outlook, but the stock would still need to overcome the descending trendline.
Swing Trading Target 3: ₹975
The green moving average near ₹975 represents a higher resistance zone. Reaching it would require a stronger recovery, so it should be viewed as a broader swing target rather than an immediate expectation.
Downside support: ₹833–835
The recent low near ₹833.60 is the key support to watch. A breakdown below this zone would weaken the recovery case and increase downside risk.
Why Is Shriram Finance Share Price Falling?
The latest decline occurred despite strong quarterly earnings, highlighting the difference between company performance and investor expectations.
Shriram Finance reported standalone net profit of approximately ₹3,677 crore for Q2 FY27, up 59.4% year over year. Net interest income rose 38.2% to approximately ₹8,661 crore, while assets under management increased nearly 17% to ₹3.29 lakh crore. The company also announced an interim dividend of ₹6.50 per share.
However, the market reacted negatively to concerns about asset quality in the gold-loan portfolio. Reuters reported that gross Stage 3 loans in this segment increased to 3.12% of gold loans, compared with 2.57% in the previous quarter and 2.28% a year earlier. The stock fell despite the earnings beat.
This suggests that investors are weighing the company’s strong lending growth against emerging credit risks. For the technical outlook, the decline below ₹900 and the position of the moving averages indicate that the market has not yet confirmed a recovery.
Conclusion
Shriram Finance is in a weak technical position heading into Monday’s session. The immediate support zone is ₹833–835, while ₹900–901 is the first major resistance. A recovery above ₹901 could bring ₹926 into focus, whereas a breakdown below ₹833 would weaken the outlook further.
Traders should watch the opening price and the stock’s reaction around these levels rather than assuming that a rebound is inevitable. The quarterly earnings are strong, but the market’s concerns about gold-loan asset quality remain relevant.
Disclaimer: This analysis is for educational purposes only and is not investment advice. Technical levels are based on the supplied chart and available market information. Please consult a SEBI-registered investment adviser before making trading decisions.
