Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-30 View latest technical analysis

10 day averaged volume of Cholamandalam Investment is 996093

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	1212.85	1237.50	1246.00	1205.55	0.906 times
29 Wed May 2024	1240.40	1254.05	1269.80	1235.00	0.963 times
28 Tue May 2024	1259.70	1271.20	1272.65	1251.50	1.069 times
27 Mon May 2024	1270.00	1261.95	1274.95	1258.00	1.094 times
24 Fri May 2024	1260.95	1265.00	1272.60	1245.00	1.347 times
23 Thu May 2024	1279.25	1275.00	1282.10	1262.30	0.465 times
22 Wed May 2024	1269.75	1298.85	1304.95	1263.70	0.734 times
21 Tue May 2024	1292.45	1285.30	1308.70	1276.00	1.616 times
18 Sat May 2024	1281.85	1297.95	1298.00	1251.05	0.156 times
17 Fri May 2024	1285.00	1265.90	1292.45	1248.85	0.86 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1207.5, for a target of 1241.1 or 1269.07

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	1187.28
Downside Intraday Target	1161.72
Upside Intraday Target	1256.68
Upside Intraday Target	1300.52
Upside Intraday Target	1231.12

Weekly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	1212.85	1261.95	1274.95	1205.55	0.969 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
30 Thu May 2024	1212.85	1206.00	1352.60	1205.55	1.618 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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

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 1264.75 and Cholamandalam Investment (CHOLAFIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.