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(CHOLAFIN) Cholamandalam Investment complete technical analysis [charts+indicators] | Buy/Sell Cholamandalam Investment | (CHOLAFIN) share price targets

Complete technical analysis of Cholamandalam Investment (CHOLAFIN) by charts plus indicators, forecast predictions and share price targets for Cholamandalam Investment (CHOLAFIN)

Cholamandalam Investment trades in NSE in Finance (including NBFCs) sector.

Showing technical analysis as on 2024-04-09 View latest technical analysis

10 day averaged volume of Cholamandalam Investment is 1724554

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	1210.10	1215.10	1223.70	1198.30	0.555 times
08 Mon Apr 2024	1203.05	1236.00	1236.00	1200.00	0.992 times
05 Fri Apr 2024	1217.65	1193.20	1220.55	1185.30	0.785 times
04 Thu Apr 2024	1196.35	1210.00	1213.30	1193.90	0.909 times
03 Wed Apr 2024	1194.75	1195.05	1204.50	1176.95	0.954 times
02 Tue Apr 2024	1197.25	1185.40	1201.70	1183.75	0.9 times
01 Mon Apr 2024	1185.40	1162.00	1191.60	1160.00	0.679 times
28 Thu Mar 2024	1156.60	1130.20	1168.60	1130.20	1.07 times
27 Wed Mar 2024	1130.20	1119.00	1133.00	1113.10	0.838 times
26 Tue Mar 2024	1115.20	1080.40	1131.00	1077.50	1.793 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1186.3, but if it comes below 1186.3, then a intra day sell could be more profitable.
If you take a sell trade below 1186.3, then use 1186.3 as stoploss and 1123.35 as target. However if you take a buy trade in stock , then use 1186.3 as stoploss and 1261.9 as target.

Share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Target	1011.20
Downside Target	1061.55
Downside Target	1160.00
Downside Target	1175.50
Downside Target	1193.15
Downside Target	1198.30
Upside Target	1220.55
Upside Target	1236.00
Upside Target	1278.90
Upside Target	1310.00

Intraday share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Intraday Target	1193.6
Downside Intraday Target	1177.1
Upside Intraday Target	1231.3
Upside Intraday Target	1252.5
Upside Intraday Target	1214.8

Weekly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	1210.10	1236.00	1236.00	1198.30	0.366 times
05 Fri Apr 2024	1217.65	1162.00	1220.55	1160.00	1.142 times
28 Thu Mar 2024	1156.60	1080.40	1168.60	1077.50	0.578 times
22 Fri Mar 2024	1089.40	1071.00	1093.50	1026.65	1.139 times
15 Fri Mar 2024	1067.85	1092.00	1107.90	1034.30	0.894 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	1210.10	1162.00	1236.00	1160.00	0.258 times
28 Thu Mar 2024	1156.60	1090.05	1168.60	1011.20	1.002 times
29 Thu Feb 2024	1089.20	1190.00	1193.15	1061.55	0.992 times
31 Wed Jan 2024	1184.15	1259.70	1310.00	1175.50	1.001 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Cholamandalam Investment (CHOLAFIN)

Price action analysis of Cholamandalam Investment ( (CHOLAFIN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Cholamandalam Investment ( (CHOLAFIN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Cholamandalam Investment ( (CHOLAFIN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Cholamandalam Investment stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Cholamandalam Investment in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Cholamandalam Investment Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Cholamandalam Investment in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Cholamandalam Investment is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1173.06 and Cholamandalam Investment (CHOLAFIN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Cholamandalam Investment (CHOLAFIN) stock. Volume based technical analysis of Cholamandalam Investment (CHOLAFIN) stock is negative.

Cholamandalam Investment Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.