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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 2024-03-06 View latest technical analysis

10 day averaged volume of Cholamandalam Investment is 1343122

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	1019.60	1041.00	1056.30	1011.20	1.676 times
05 Tue Mar 2024	1046.90	1079.90	1094.50	1042.20	1.787 times
04 Mon Mar 2024	1075.55	1085.00	1094.95	1071.00	1.115 times
02 Sat Mar 2024	1098.40	1104.00	1104.00	1090.05	0.018 times
01 Fri Mar 2024	1095.85	1090.05	1099.00	1080.50	0.476 times
29 Thu Feb 2024	1089.20	1070.00	1095.00	1062.00	1.014 times
28 Wed Feb 2024	1069.70	1101.00	1105.00	1061.55	0.882 times
27 Tue Feb 2024	1098.65	1104.10	1127.05	1085.50	1.472 times
26 Mon Feb 2024	1110.85	1105.15	1114.90	1093.00	0.828 times
23 Fri Feb 2024	1105.40	1089.35	1109.70	1079.10	1.256 times

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 1032.4, for a target of 1068.5 or 1098.53

Share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Target	1011.20
Upside Target	1061.55
Upside Target	1127.05
Upside Target	1151.70
Upside Target	1155.55
Upside Target	1172.75
Upside Target	1175.50
Upside Target	1193.15
Upside Target	1217.50
Upside Target	1278.90
Upside Target	1310.00

Intraday share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Intraday Target	988.88
Downside Intraday Target	958.17
Upside Intraday Target	1072.63
Upside Intraday Target	1125.67
Upside Intraday Target	1041.92

Weekly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	1019.60	1085.00	1094.95	1011.20	0.976 times
02 Sat Mar 2024	1098.40	1105.15	1127.05	1061.55	0.712 times
23 Fri Feb 2024	1105.40	1152.45	1155.55	1067.40	1.139 times
16 Fri Feb 2024	1144.00	1130.00	1151.70	1098.00	0.661 times
09 Fri Feb 2024	1122.30	1162.00	1172.75	1100.20	0.916 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
06 Wed Mar 2024	1019.60	1090.05	1104.00	1011.20	0.177 times
29 Thu Feb 2024	1089.20	1190.00	1193.15	1061.55	0.992 times
31 Wed Jan 2024	1184.15	1259.70	1310.00	1175.50	1.001 times
29 Fri Dec 2023	1259.80	1128.60	1278.90	1120.00	1.1 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL signal in short term and selling is picking up 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 1073.13 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.