SHRIRAMFIN – Shriram Finance Ltd – Intraday BOF Research – 10 Jun 2026
Stock Name: Shriram Finance Ltd (SHRIRAMFIN)
Sector: NBFC & Financial Services
Trade Type: Intraday
VRZ Marking Time Frame: 30 Minutes
Trading Time Frame: 5 Minutes
Setup Type: Breakout Failure (BOF) at VRZ Low
Zone: VRZ Low – ₹906.40
Trade Analysis
Price attempted to hold above the VRZ Low but failed to attract buyers. The rejection around the zone confirmed weakness, triggering a BOF short setup. Once sellers gained control, the stock moved steadily downward and delivered a 2.5R move without any major bullish interruption.
Key Learning
A BOF setup becomes powerful when:
- Price reacts at a significant VRZ level.
- The breakout fails to sustain.
- Sellers quickly regain control after the failure.
This trade is another example of how a failed move often creates a stronger move in the opposite direction.
Result: ✅ BOF Success | 1:2.5 RR Achieved | SHRIRAMFIN (5-Minute Chart)
