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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 2024-08-13 View latest technical analysis

10 day averaged volume of Cholamandalam Investment is 1218908

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	1314.90	1358.00	1365.95	1302.50	2.614 times
12 Mon Aug 2024	1348.75	1340.00	1353.95	1332.85	0.493 times
09 Fri Aug 2024	1348.65	1368.00	1374.90	1337.10	0.539 times
08 Thu Aug 2024	1350.25	1382.00	1386.45	1346.05	0.371 times
07 Wed Aug 2024	1377.70	1352.00	1385.50	1348.30	1.049 times
06 Tue Aug 2024	1335.35	1355.00	1383.60	1330.35	0.853 times
05 Mon Aug 2024	1346.85	1370.00	1388.90	1329.05	1.84 times
02 Fri Aug 2024	1385.10	1381.00	1409.95	1368.75	0.599 times
01 Thu Aug 2024	1390.65	1418.50	1442.50	1382.20	1.013 times
31 Wed Jul 2024	1416.60	1416.80	1440.85	1409.85	0.972 times

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

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 1307.5, for a target of 1350.1 or 1385.67

Share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Target	1100.50
Downside Target	1197.60
Downside Target	1236.00
Downside Target	1302.50
Upside Target	1329.05
Upside Target	1388.90
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	1289.62
Downside Intraday Target	1264.33
Upside Intraday Target	1353.07
Upside Intraday Target	1391.23
Upside Intraday Target	1327.78

Weekly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	1314.90	1340.00	1365.95	1302.50	0.668 times
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

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
13 Tue Aug 2024	1314.90	1418.50	1442.50	1302.50	0.4 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 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 getting stronger in this stock.

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 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 1354.32 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.