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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 2024-10-16 View latest technical analysis

10 day averaged volume of Cholamandalam Investment is 1157229

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1485.20	1501.95	1509.65	1474.45	0.815 times
15 Tue Oct 2024	1503.05	1524.00	1524.70	1491.15	1.186 times
14 Mon Oct 2024	1512.90	1525.00	1533.55	1503.00	0.439 times
11 Fri Oct 2024	1501.05	1517.10	1517.10	1479.00	0.908 times
10 Thu Oct 2024	1517.10	1569.85	1587.45	1511.30	0.934 times
09 Wed Oct 2024	1561.55	1539.00	1586.95	1538.00	1.536 times
08 Tue Oct 2024	1530.95	1470.00	1537.00	1469.55	1.919 times
07 Mon Oct 2024	1478.45	1504.80	1514.35	1462.00	0.656 times
04 Fri Oct 2024	1497.40	1516.25	1526.25	1489.15	0.519 times
03 Thu Oct 2024	1516.25	1565.00	1575.35	1507.60	1.105 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1506.4, but if it comes above 1506.4, then a intra day buy could be more profitable.
If you take a sell trade below 1506.4, then use 1506.4 as stoploss and 1442.1 as target. However if you take a buy trade in stock , then use 1506.4 as stoploss and 1560.09 as target.

Share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Target	1197.60
Downside Target	1302.50
Downside Target	1341.55
Downside Target	1452.55
Upside Target	1533.55
Upside Target	1587.45
Upside Target	1590.50
Upside Target	1614.00
Upside Target	1623.00
Upside Target	1623.85
Upside Target	1652.00

Intraday share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Intraday Target	1461.92
Downside Intraday Target	1438.63
Upside Intraday Target	1521.02
Upside Intraday Target	1556.83
Upside Intraday Target	1497.73

Weekly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1485.20	1525.00	1533.55	1474.45	0.41 times
11 Fri Oct 2024	1501.05	1504.80	1587.45	1462.00	1.851 times
04 Fri Oct 2024	1497.40	1609.00	1623.85	1489.15	0.622 times
27 Fri Sep 2024	1609.00	1620.00	1652.00	1590.50	0.921 times
20 Fri Sep 2024	1604.30	1580.85	1614.00	1557.40	0.885 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
16 Wed Oct 2024	1485.20	1611.10	1623.00	1462.00	0.392 times
30 Mon Sep 2024	1608.00	1460.00	1652.00	1452.55	1.114 times
30 Fri Aug 2024	1455.60	1418.50	1478.90	1302.50	1.004 times
31 Wed Jul 2024	1416.60	1424.00	1477.00	1341.55	0.952 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 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 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 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 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 1517.03 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.