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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 2024-06-04 View latest technical analysis

10 day averaged volume of Cholamandalam Investment is 1276895

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1231.40	1300.00	1308.40	1197.60	3.113 times
03 Mon Jun 2024	1288.65	1270.00	1294.95	1263.85	1.468 times
31 Fri May 2024	1241.10	1214.60	1255.80	1214.60	2.141 times
30 Thu May 2024	1212.85	1237.50	1246.00	1205.55	0.707 times
29 Wed May 2024	1240.40	1254.05	1269.80	1235.00	0.751 times
28 Tue May 2024	1259.70	1271.20	1272.65	1251.50	0.834 times
27 Mon May 2024	1270.00	1261.95	1274.95	1258.00	0.853 times
24 Fri May 2024	1260.95	1265.00	1272.60	1245.00	1.051 times
23 Thu May 2024	1279.25	1275.00	1282.10	1262.30	0.363 times
22 Wed May 2024	1269.75	1298.85	1304.95	1263.70	0.572 times

Stock of Cholamandalam Investment (CHOLAFIN) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1237.3, but if it comes above 1237.3, then a intra day buy could be more profitable.
If you take a sell trade below 1237.3, then use 1237.3 as stoploss and 1210.1 as target. However if you take a buy trade in stock , then use 1237.3 as stoploss and 1260.02 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	1168.60
Downside Target	1193.15
Upside Target	1274.95
Upside Target	1302.00
Upside Target	1308.40
Upside Target	1308.70
Upside Target	1349.90
Upside Target	1352.60

Intraday share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Intraday Target	1183.2
Downside Intraday Target	1135
Upside Intraday Target	1294
Upside Intraday Target	1356.6
Upside Intraday Target	1245.8

Weekly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1231.40	1270.00	1308.40	1197.60	0.866 times
31 Fri May 2024	1241.10	1261.95	1274.95	1205.55	1.628 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

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
04 Tue Jun 2024	1231.40	1270.00	1308.40	1197.60	0.156 times
31 Fri May 2024	1241.10	1206.00	1352.60	1205.55	1.745 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

Scroll below to view daily charts

Price has moved down 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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Cholamandalam Investment ( (CHOLAFIN) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 weakening, and bulls are picking up momentum!

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 positive zone. This is a BUY 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 1250.41 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.