Stock analysis Cholamandalam Investment and Finance Company Limited CHOLAFIN

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Moving Averages for Cholamandalam Investment and Finance Company Limited

5Day Average: 1147.11
12Day Average: 1160.72
20Day Average: 1166.1
50Day Average: 1118.28
100Day Average: 1165.58
150Day Average: 1169.53
200Day Average: 1155.63

CHOLAFIN Indicators & signals

Indicator MACD (12,26,9)

1153.46, 1145.68, 11.77
Indicator MACD is in positive zone

Indicator ADX (14)

4.74, 24.53, 22.31
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CHOLAFIN Cholamandalam Investment and Finance Company Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
25 Thu Apr 2024	1155.35	1147.25 to 1170.00	-1.15%	0.93 times
24 Wed Apr 2024	1168.80	1144.70 to 1181.25	2.23%	1.13 times
23 Tue Apr 2024	1143.25	1135.00 to 1159.90	0.29%	0.72 times
22 Mon Apr 2024	1140.00	1125.50 to 1150.40	1.05%	1.35 times
19 Fri Apr 2024	1128.15	1100.50 to 1132.55	0.84%	0.75 times
18 Thu Apr 2024	1118.80	1114.80 to 1144.95	-0.99%	1.01 times
16 Tue Apr 2024	1130.00	1126.20 to 1161.70	-2.73%	1.5 times
15 Mon Apr 2024	1161.70	1150.00 to 1180.00	-1.35%	0.98 times
12 Fri Apr 2024	1177.60	1174.10 to 1199.55	-1.19%	0.69 times
10 Wed Apr 2024	1191.80	1187.05 to 1222.20	-1.51%	0.7 times
09 Tue Apr 2024	1210.10	1198.30 to 1223.70	0.59%	1.16 times
08 Mon Apr 2024	1203.05	1200.00 to 1236.00	-1.2%	2.08 times

Technical analysis forecast of Cholamandalam Investment and Finance Company Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Cholamandalam Investment and Finance Company Limited CHOLAFIN at this time. Stock is rising and might rise more.

It appears as if Cholamandalam Investment and Finance Company Limited CHOLAFIN gave a large move recently.

Stock of Cholamandalam Investment and Finance Company Limited (CHOLAFIN) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Cholamandalam Investment and Finance Company Limited is bullish for shortterm, and stock might move up till 1180.9 or till 1219. Use a stoploss of 1149.22 and if this stock hits its stoploss, then it can fall down till 1117.5

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