Shriram Finance breaks a six-month range to hit a record ₹1,153

The stock has broken above a six-month consolidation range and touched a fresh record high of ₹1,153.

The interesting part?

It had been struggling around the ₹1,100 resistance zone since February.

Now that level has been broken.

Technical indicators are also supporting the move, with bullish moving averages, positive MACD and a healthy RSI.

Some analysts see potential upside toward ₹1,280 over the next 1–2 months.

But here’s where investors need to be careful.

A breakout is a signal—not a guarantee.

The real test is whether Shriram Finance can sustain the breakout and turn the previous resistance zone into support.