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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 2024-05-29 View latest technical analysis

10 day averaged volume of Cholamandalam Investment is 1030063

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	1240.40	1254.05	1269.80	1235.00	0.931 times
28 Tue May 2024	1259.70	1271.20	1272.65	1251.50	1.034 times
27 Mon May 2024	1270.00	1261.95	1274.95	1258.00	1.058 times
24 Fri May 2024	1260.95	1265.00	1272.60	1245.00	1.303 times
23 Thu May 2024	1279.25	1275.00	1282.10	1262.30	0.449 times
22 Wed May 2024	1269.75	1298.85	1304.95	1263.70	0.71 times
21 Tue May 2024	1292.45	1285.30	1308.70	1276.00	1.563 times
18 Sat May 2024	1281.85	1297.95	1298.00	1251.05	0.151 times
17 Fri May 2024	1285.00	1265.90	1292.45	1248.85	0.832 times
16 Thu May 2024	1262.00	1243.70	1271.95	1231.55	1.64 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1247.9, but if it comes above 1247.9, then a intra day buy could be more profitable.
If you take a sell trade below 1247.9, then use 1247.9 as stoploss and 1217.1 as target. However if you take a buy trade in stock , then use 1247.9 as stoploss and 1273.51 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	1161.15
Upside Target	1245.00
Upside Target	1274.95
Upside Target	1302.00
Upside Target	1308.70
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	1225.28
Downside Intraday Target	1210.17
Upside Intraday Target	1265.23
Upside Intraday Target	1290.07
Upside Intraday Target	1250.12

Weekly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	1240.40	1261.95	1274.95	1235.00	0.751 times
24 Fri May 2024	1260.95	1285.30	1308.70	1245.00	0.605 times
18 Sat May 2024	1281.85	1279.80	1302.00	1224.00	0.77 times
10 Fri May 2024	1272.65	1315.00	1349.90	1216.40	0.673 times
03 Fri May 2024	1309.70	1173.00	1352.60	1161.15	2.963 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
29 Wed May 2024	1240.40	1206.00	1352.60	1206.00	1.576 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, and volume has increased substantially. This means that the move can 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Cholamandalam Investment ( (CHOLAFIN) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Cholamandalam Investment in short term but the sell signal is initial and weak.

Cholamandalam Investment Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Cholamandalam Investment in short term and SELL 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 1268.99 and Cholamandalam Investment (CHOLAFIN) stock is trading below this level. This means that stock is falling with high volumes. 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.