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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 2024-08-09 View latest technical analysis

10 day averaged volume of Cholamandalam Investment is 1727288

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1348.65	1368.00	1374.90	1337.10	0.38 times
08 Thu Aug 2024	1350.25	1382.00	1386.45	1346.05	0.262 times
07 Wed Aug 2024	1377.70	1352.00	1385.50	1348.30	0.74 times
06 Tue Aug 2024	1335.35	1355.00	1383.60	1330.35	0.602 times
05 Mon Aug 2024	1346.85	1370.00	1388.90	1329.05	1.298 times
02 Fri Aug 2024	1385.10	1381.00	1409.95	1368.75	0.423 times
01 Thu Aug 2024	1390.65	1418.50	1442.50	1382.20	0.715 times
31 Wed Jul 2024	1416.60	1416.80	1440.85	1409.85	0.686 times
30 Tue Jul 2024	1417.85	1432.85	1445.80	1393.20	1.603 times
29 Mon Jul 2024	1433.40	1415.00	1477.00	1364.10	2.375 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1361.5, but if it comes above 1361.5, then a intra day buy could be more profitable.
If you take a sell trade below 1361.5, then use 1361.5 as stoploss and 1324.7 as target. However if you take a buy trade in stock , then use 1361.5 as stoploss and 1392.19 as target.

Share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Target	1100.50
Downside Target	1197.60
Downside Target	1236.00
Downside Target	1329.05
Upside Target	1388.90
Upside Target	1433.05
Upside Target	1437.15
Upside Target	1442.50
Upside Target	1456.85
Upside Target	1476.20
Upside Target	1477.00

Intraday share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Intraday Target	1322.17
Downside Intraday Target	1295.68
Upside Intraday Target	1382.02
Upside Intraday Target	1415.38
Upside Intraday Target	1355.53

Weekly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1348.65	1370.00	1388.90	1329.05	0.566 times
02 Fri Aug 2024	1385.10	1415.00	1477.00	1364.10	1.462 times
26 Fri Jul 2024	1410.95	1408.90	1437.15	1341.55	1.576 times
19 Fri Jul 2024	1426.70	1382.00	1456.85	1373.90	0.749 times
12 Fri Jul 2024	1380.70	1433.05	1433.05	1377.75	1.659 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
09 Fri Aug 2024	1348.65	1418.50	1442.50	1329.05	0.267 times
31 Wed Jul 2024	1416.60	1424.00	1477.00	1341.55	0.952 times
28 Fri Jun 2024	1423.50	1270.00	1476.20	1197.60	0.801 times
31 Fri May 2024	1241.10	1206.00	1352.60	1205.55	1.745 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 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 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 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 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 and the sell signal is strong.

Cholamandalam Investment Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 1394.43 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.