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2021 Cholamandalam Investment (CHOLAFIN) technical analysis [forecast] stock price targets

Cholamandalam Investment technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Cholamandalam Investment deals in Finance (including NBFCs) Cholamandalam Investment option chain analysis

Date Close Open High Low Volume
23 Fri Jul 499.05 498.00 505.85 491.10 26.15 lakhs
22 Thu Jul 494.75 499.00 499.70 487.50 27.27 lakhs
20 Tue Jul 490.20 510.15 510.15 479.00 59.65 lakhs
19 Mon Jul 506.50 509.95 516.40 504.00 27.3 lakhs
16 Fri Jul 512.40 516.20 516.20 508.30 18.64 lakhs
CHOLAFIN chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 503.4, but if it comes above 503.4, then a intra day buy could be more profitable.
If you take a sell trade below 503.4, then use 503.4 as stoploss and 491.8 as target. However if you take a buy trade in stock , then use 503.4 as stoploss and 513.09 as target.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of CHOLAFIN based on a 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.

Intraday technical analysis of Cholamandalam Investment

Stock is trading at 499.05 as on 23 Fri Jul 15:34

Day open is at 498.00, day high is at 505.85, day low is at 491.10, and day volume is at 1254.37 lakhs so far.

First 15 minute high low range is 496.90 - 501.20

First hour high low range is 491.10 - 502.95

Date Intraday Price Open High Low Volume
23 Fri Jul 15:34 499.05 498.00 505.85 491.10 2614745
23 Fri Jul 15:30 499.05 498.00 505.85 491.10 2614745
23 Fri Jul 15:25 498.25 498.00 505.85 491.10 2565330
23 Fri Jul 15:20 498.50 498.00 505.85 491.10 2491534
23 Fri Jul 15:15 498.85 498.00 505.85 491.10 2458522
Intraday CHOLAFIN chart

Trend of Cholamandalam Investment is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Cholamandalam Investment (CHOLAFIN) intraday stock price targets

  • EntEntry: 499.05 or 500.4625
  • Upside target: 501.2
  • Downside target : 492.6
  • Second Upside target: 509.83
  • Second Downside target : 495.08

Cholamandalam Investment (CHOLAFIN) weekly technical analysis

Date Weekly Close Open Range Volume
23 Fri Jul 499.05 509.95 479.00
516.40
140.36 lakhs
16 Fri Jul 512.40 523.50 508.30
526.55
77.225 lakhs
09 Fri Jul 519.30 513.95 508.20
532.75
143.386 lakhs
02 Fri Jul 510.10 536.90 502.75
536.90
156.387 lakhs
25 Fri Jun 531.90 534.00 528.05
553.60
110.425 lakhs
weekly CHOLAFIN chart

Weekly forecast of Cholamandalam Investment is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Cholamandalam Investment 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.

Weekly Price action analysis of Cholamandalam Investment 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.

Cholamandalam Investment (CHOLAFIN) Monthly technical analysis

Date Monthly Close Open Range Volume
23 Fri Jul 499.05 514.00 479.00
532.75
437.76 lakhs
30 Wed Jun 513.25 552.90 511.70
584.75
682.935 lakhs
31 Mon May 549.30 562.05 513.00
590.55
1386.69 lakhs
30 Fri Apr 571.75 566.00 503.70
600.95
898.63 lakhs
31 Wed Mar 558.80 524.50 514.05
579.60
802.169 lakhs
monthly CHOLAFIN chart

Monthly forecast of Cholamandalam Investment is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Cholamandalam Investment 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.

Monthly Price action analysis of Cholamandalam Investment based on a short to mid 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.

Cholamandalam Investment Daily stock price targets

  • Upside daily target: 526.3
  • Upside daily target: 500.46
  • Downside daily target: 469.03

Cholamandalam Investment Weekly stock price targets

  • Upside weekly target: 614.43
  • Upside weekly target: 573.53
  • Upside weekly target: 545.6
  • Upside weekly target: 519.48
  • Downside weekly target: 493.36

Cholamandalam Investment Monthly stock price targets

  • Upside monthly target: 634.98
  • Upside monthly target: 601.98
  • Upside monthly target: 569.93
  • Upside monthly target: 541.46
  • Upside monthly target: 505.7
  • Downside monthly target: 475.95
  • Downside monthly target: 428.8
  • Downside monthly target: 392.75
  • Downside monthly target: 367.75
  • Downside monthly target: 342.45
  • Downside monthly target: 300.48
  • Downside monthly target: 266.74
  • Downside monthly target: 253.13

Cholamandalam Investment (CHOLAFIN) indicators technical analysis

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.

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.

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. 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 SELL signal in short term and selling is picking up 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 504.42 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.

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chart CHOLAFIN