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SHRIRAM PISTONS
Shriram Pistons is testing a major resistance zone around ₹4,785 after a strong uptrend and a period of consolidation near the highs. 📈 Price is approaching the previous high with volume above the recent average, making this an interesting breakout setup. Buy above ₹4,785 with a sustained breakout and volume confirmation. 🎯 Targets: ₹4,900 → ₹5,050 → ₹5,200 🛑 SL: ₹4,650 A breakout followed by a successful retest of ₹4,750–₹4,785 could offer a better risk-defined entry. Key trigger: ₹4,785 breakout + volume confirmation. Avoid chasing if price gets rejected at resistance and falls back into the consolidation range.
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