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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 2024-03-07 View latest technical analysis

10 day averaged volume of Cholamandalam Investment is 1413583

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	1083.25	1041.00	1089.70	1036.55	3.328 times
06 Wed Mar 2024	1019.60	1041.00	1056.30	1011.20	1.592 times
05 Tue Mar 2024	1046.90	1079.90	1094.50	1042.20	1.698 times
04 Mon Mar 2024	1075.55	1085.00	1094.95	1071.00	1.059 times
02 Sat Mar 2024	1098.40	1104.00	1104.00	1090.05	0.017 times
01 Fri Mar 2024	1095.85	1090.05	1099.00	1080.50	0.453 times
29 Thu Feb 2024	1089.20	1070.00	1095.00	1062.00	0.964 times
28 Wed Feb 2024	1069.70	1101.00	1105.00	1061.55	0.838 times
27 Tue Feb 2024	1098.65	1104.10	1127.05	1085.50	1.399 times
26 Mon Feb 2024	1110.85	1105.15	1114.90	1093.00	0.787 times

Stock of Cholamandalam Investment (CHOLAFIN) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 1066.9 or till 1031.2. Use a stoploss of 1096.58 and if the stock hits stoploss, then it can shoot up till 1126.31

Share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Target	1011.20
Downside 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	1031.32
Downside Intraday Target	979.38
Upside Intraday Target	1115.07
Upside Intraday Target	1146.88
Downside Intraday Target	1063.13

Weekly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	1083.25	1085.00	1094.95	1011.20	1.723 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	1083.25	1090.05	1104.00	1011.20	0.299 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 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 losing momentum.

MACD generated a SELL signal for Cholamandalam Investment in short term and the sell 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 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Cholamandalam Investment in short term but BUY signal is weak.

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 1072.73 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 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.