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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 2024-06-07 View latest technical analysis

10 day averaged volume of Cholamandalam Investment is 1699157

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1337.85	1350.00	1351.00	1325.30	0.627 times
06 Thu Jun 2024	1335.70	1288.40	1344.00	1283.85	1.025 times
05 Wed Jun 2024	1288.50	1220.00	1299.60	1219.80	0.771 times
04 Tue Jun 2024	1231.40	1300.00	1308.40	1197.60	2.339 times
03 Mon Jun 2024	1288.65	1270.00	1294.95	1263.85	1.103 times
31 Fri May 2024	1241.10	1214.60	1255.80	1214.60	1.609 times
30 Thu May 2024	1212.85	1237.50	1246.00	1205.55	0.531 times
29 Wed May 2024	1240.40	1254.05	1269.80	1235.00	0.565 times
28 Tue May 2024	1259.70	1271.20	1272.65	1251.50	0.627 times
27 Mon May 2024	1270.00	1261.95	1274.95	1258.00	0.641 times

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 1338.4, for a target of 1301.2 or 1270.17

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
Downside Target	1274.95
Downside Target	1302.00
Downside Target	1308.70
Upside Target	1349.90
Upside Target	1351.00
Upside Target	1352.60

Intraday share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Intraday Target	1239.97
Downside Intraday Target	1142.08
Upside Intraday Target	1393.37
Upside Intraday Target	1448.88
Downside Intraday Target	1295.48

Weekly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1337.85	1270.00	1351.00	1197.60	1.477 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 up 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 Fri Jun 2024	1337.85	1270.00	1351.00	1197.60	0.266 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 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 term time period is neutral. A longer time frame might give a better analysis.

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 Weak 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 stronger in this stock.

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

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 1265.37 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.