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Technicals for Cholamandalam Investment and Finance Company Limited
By MusingTheNews
2025-10-17 20:29
Overall Technical outlook
Price Summary
On 2025-10-17, CHOLAFIN's stock opened at 1666.9, reached a peak of 1677.5, dropped to 1652.0, and ended -0.76% down at 1654.3, with a volume of 654732 shares. In the past year, the highest stock price was 1698.4, and the lowest was 1171.1. Analysts expect the price of CHOLAFIN to vary between 1200.0 and 1890.0, with an average expected price near 1597.3636.
Technicals
Support and Resistance: At 1654.3, the price is held up by support at 1647.0 and faces resistance at 1698.4 for CHOLAFIN. This suggests a trading range where 1647.0 provides a base and 1698.4 limits upward movement. Support/Resistance for CHOLAFIN
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Cholamandalam Investment and Finance Company Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Cholamandalam Investment and Finance Company Limited
Parabolic SAR: The PSAR for CHOLAFIN continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for Cholamandalam Investment and Finance Company Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Cholamandalam Investment and Finance Company Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Cholamandalam Investment and Finance Company Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for Cholamandalam Investment and Finance Company Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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