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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 2024-05-07 View latest technical analysis

10 day averaged volume of Cholamandalam Investment is 1908098

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	1306.35	1326.00	1331.05	1288.60	0.817 times
06 Mon May 2024	1326.00	1315.00	1349.90	1300.00	0.719 times
03 Fri May 2024	1309.70	1312.80	1352.60	1301.25	1.823 times
02 Thu May 2024	1301.60	1206.00	1309.80	1206.00	3.849 times
30 Tue Apr 2024	1193.30	1180.00	1212.80	1173.00	0.952 times
29 Mon Apr 2024	1170.90	1173.00	1176.05	1161.15	0.314 times
26 Fri Apr 2024	1171.70	1164.90	1184.70	1150.45	0.558 times
25 Thu Apr 2024	1155.35	1159.00	1170.00	1147.25	0.401 times
24 Wed Apr 2024	1168.80	1148.05	1181.25	1144.70	0.487 times
23 Tue Apr 2024	1143.25	1143.95	1159.90	1135.00	0.313 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1259.5, but if it comes below 1259.5, then a intra day sell could be more profitable.
If you take a sell trade below 1259.5, then use 1259.5 as stoploss and 1196.29 as target. However if you take a buy trade in stock , then use 1259.5 as stoploss and 1335.3 as target.

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	1161.15
Downside Target	1236.00
Downside Target	1288.60
Upside Target	1310.00
Upside Target	1349.90
Upside Target	1352.60

Intraday share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Intraday Target	1280
Downside Intraday Target	1253.65
Upside Intraday Target	1341.3
Upside Intraday Target	1376.25
Upside Intraday Target	1314.95

Weekly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	1306.35	1315.00	1349.90	1288.60	0.221 times
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

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
07 Tue May 2024	1306.35	1206.00	1352.60	1206.00	0.64 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 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 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 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 coming down

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1267.07 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.