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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 2024-05-03 View latest technical analysis

10 day averaged volume of Cholamandalam Investment is 1568414

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	1309.70	1312.80	1352.60	1301.25	2.218 times
02 Thu May 2024	1301.60	1206.00	1309.80	1206.00	4.683 times
30 Tue Apr 2024	1193.30	1180.00	1212.80	1173.00	1.158 times
29 Mon Apr 2024	1170.90	1173.00	1176.05	1161.15	0.382 times
26 Fri Apr 2024	1171.70	1164.90	1184.70	1150.45	0.679 times
25 Thu Apr 2024	1155.35	1159.00	1170.00	1147.25	0.488 times
24 Wed Apr 2024	1168.80	1148.05	1181.25	1144.70	0.593 times
23 Tue Apr 2024	1143.25	1143.95	1159.90	1135.00	0.38 times
22 Mon Apr 2024	1140.00	1139.00	1150.40	1125.50	0.709 times
19 Fri Apr 2024	1128.15	1114.75	1132.55	1100.50	0.396 times

Stock of Cholamandalam Investment (CHOLAFIN) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1292, for a target of 1233.2 or 1184.23

Share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Target	1011.20
Downside Target	1061.55
Downside Target	1100.50
Downside Target	1125.50
Downside Target	1160.00
Downside Target	1206.00
Downside Target	1220.55
Downside Target	1236.00
Upside Target	1310.00
Upside Target	1352.60

Intraday share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Intraday Target	1196.37
Downside Intraday Target	1083.03
Upside Intraday Target	1387.82
Upside Intraday Target	1465.93
Downside Intraday Target	1274.48

Weekly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	1309.70	1173.00	1352.60	1161.15	2.963 times
26 Fri Apr 2024	1171.70	1139.00	1184.70	1125.50	1.277 times
19 Fri Apr 2024	1128.15	1150.00	1180.00	1100.50	0.919 times
12 Fri Apr 2024	1177.60	1236.00	1236.00	1174.10	0.522 times
05 Fri Apr 2024	1217.65	1162.00	1220.55	1160.00	1.142 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	1309.70	1206.00	1352.60	1206.00	0.504 times
30 Tue Apr 2024	1193.30	1162.00	1236.00	1100.50	0.556 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Cholamandalam Investment ( (CHOLAFIN) ) based on a mid to longer 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.

ADX buy sell signal for Cholamandalam Investment stock for short term is BUY. Signal strength is Strong and stock is gaining 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 buy signal for Cholamandalam Investment in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1246.91 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.