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Technicals for Cholamandalam Investment and Finance Company Limited
By MusingTheNews
2025-06-13 20:29
Overall Technical outlook
Price Summary
Cholamandalam Investment and Finance Company Limited's stock opened at 1608.3 on 2025-06-12, surged to 1634.9, dropped to 1578.0, and ended -1.65% lower at 1581.7, with 1483509 shares traded. The stock reached its highest price of 1665.2 and its lowest price of 1171.1 during the 52-week period. Analysts expect the price of CHOLAFIN to vary between 1085.0 and 1950.0, with an average expected price near 1617.8823.
Technicals
Support and Resistance: With the current price at 1581.7, support is found at 1529.3 and resistance at 1647.0. These levels indicate where buyers might step in at 1529.3, while sellers could limit gains at 1647.0, defining a trading boundary for Cholamandalam Investment and Finance Company Limited. Support/Resistance for CHOLAFIN
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for Cholamandalam Investment and Finance Company Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for CHOLAFIN, with no strong trend emerging. Bolinger Bands chart for Cholamandalam Investment and Finance Company Limited
Parabolic SAR: The PSAR for CHOLAFIN maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Cholamandalam Investment and Finance Company Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for Cholamandalam Investment and Finance Company Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages for CHOLAFIN are aligned in a bearish pattern, suggesting a downtrend. However, the wavering slopes of the 20 and 50 SMAs indicate that the bearish momentum may be losing strength. This could be a sign that a bullish reversal is on the horizon, as the market's current downward trajectory begins to falter, potentially paving the way for a new uptrend. Tripple SMA chart for Cholamandalam Investment and Finance Company Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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