Search+Investment IdeasShriram Finance’s breakout above its long consolidation range signals renewed momentum, with technical indicators supporting an upside target of Rs 1,280 over the next one to two months.SynopsisShriram Finance has broken out of a six-month consolidation range to hit a record high of Rs 1,153. Analysts see further upside toward Rs 1,280, supported by strong momentum, bullish moving averages, positive MACD and healthy RSI readings.Shriram Finance Ltd, part of the NBFC space, broke out from a 6-month consolidation phase to hit fresh record highs in August 2026 and chart structure suggests that the rally may not be over.Short-term traders can look to buy the stock for a target of Rs 1,280 in the next 1-2 months, suggest experts.The stock has been undergoing consolidation since February 2026, with Rs 1,100 acting as a stiff resistance, while the Rs 860 level, coinciding with BYETMarkets.com 3 mins readAug 11, 2026, 05:00:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership