New Delhi, Oct. 3 -- On Wednesday, 1 October, after several sessions of weakness, Indian equities finally staged a strong comeback, posting a sharp up move that may signal a shift in momentum. The markets opened firm and carried the strength throughout the day, with broad-based buying led by financials and healthcare.

Why it's recommended: Shriram Finance is sustaining above support zones with positive momentum. The daily RSI at 57.8 signals steady bullish momentum, while the MACD at +2.2 confirms a positive crossover. The ADX at 35.7 highlights strong underlying trend strength. Price action above Rs.640 maintains a constructive technical setup with potential for further upside.

RSI (14-day): 57.8 - stable bullish momentum

MACD (12,26)...