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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 2024-03-13 View latest technical analysis

10 day averaged volume of Cholamandalam Investment is 1799427

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	1048.30	1070.15	1070.80	1035.85	1.335 times
12 Tue Mar 2024	1066.45	1090.00	1096.55	1059.80	1.034 times
11 Mon Mar 2024	1095.45	1092.00	1107.90	1086.80	1.151 times
07 Thu Mar 2024	1083.25	1041.00	1089.70	1036.55	2.615 times
06 Wed Mar 2024	1019.60	1041.00	1056.30	1011.20	1.251 times
05 Tue Mar 2024	1046.90	1079.90	1094.50	1042.20	1.334 times
04 Mon Mar 2024	1075.55	1085.00	1094.95	1071.00	0.832 times
02 Sat Mar 2024	1098.40	1104.00	1104.00	1090.05	0.013 times
01 Fri Mar 2024	1095.85	1090.05	1099.00	1080.50	0.356 times
29 Thu Feb 2024	1089.20	1070.00	1095.00	1062.00	0.757 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1059.7, but if it comes above 1059.7, then a intra day buy could be more profitable.
If you take a sell trade below 1059.7, then use 1059.7 as stoploss and 1024.9 as target. However if you take a buy trade in stock , then use 1059.7 as stoploss and 1088.67 as target.

Share price targets for Cholamandalam Investment (CHOLAFIN)

Target Type	Value
Downside Target	1011.20
Downside Target	1035.85
Upside Target	1061.55
Upside Target	1127.05
Upside Target	1151.70
Upside Target	1155.55
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	1020.13
Downside Intraday Target	991.97
Upside Intraday Target	1092.18
Upside Intraday Target	1136.07
Upside Intraday Target	1064.02

Weekly technical analysis of Cholamandalam Investment (CHOLAFIN)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	1048.30	1092.00	1107.90	1035.85	0.584 times
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

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 Wed Mar 2024	1048.30	1090.05	1107.90	1011.20	0.463 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY signal for Cholamandalam Investment in short term but the buy signal is initial and weak.

Cholamandalam Investment Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 1066.83 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.