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Technicals for Cholamandalam Investment and Finance Company Limited
By MusingTheNews
2025-07-16 20:29
Overall Technical outlook
Price Summary
On 2025-07-16, Cholamandalam Investment and Finance Company Limited's shares started at 1539.4, peaked at 1568.0, bottomed out at 1489.6, and ended 1.27% higher at 1559.0, with 3694867 shares traded. In the 52-week period, the stock's peak price is 1665.2, and the lowest price recorded is 1171.1. Based on recommendations from 34 analysts, the future price of CHOLAFIN is expected to range from 1085.0 to 1950.0, with an average price expectation around 1626.1177.
Technicals
Support and Resistance: The current price for CHOLAFIN is 1559.0, supported at 1529.3 with resistance at 1647.0. This indicates a trading range where 1529.3 might prevent further declines, while 1647.0 could hinder additional gains. Support/Resistance for CHOLAFIN
Aroon: Aroon's bearish trend persists, with Aroon Down staying at the 100 level. This consistent bearish momentum suggests further declines, but a more detailed analysis using other indicators is necessary to confirm the trend's future direction. Aroon chart for Cholamandalam Investment and Finance Company Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for CHOLAFIN, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Cholamandalam Investment and Finance Company Limited
Parabolic SAR: The PSAR for CHOLAFIN continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Cholamandalam Investment and Finance Company Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Cholamandalam Investment and Finance Company Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Cholamandalam Investment and Finance Company Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Cholamandalam Investment and Finance Company Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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