CHOLAFIN Outlook for the Week (December 02, 2024 – December 06, 2024)
Cholamandalam Investment & Finance Company closed the previous week on a negative note losing -1.44%.
Technically, Cholamandalam Investment & Finance Company share price will see immediate support at 1,211.33 and immediate resistance would be seen at 1,274.28.
If Cholamandalam Investment & Finance Company share price closes below immediate support of 1,211.33, then sharp breakdown can be seen. Cholamandalam Investment & Finance Company share price will see major support at 1,188.72 for the week.
On the positive side, immediate resistance will be seen at 1,274.28. Closing above 1,274.28, Cholamandalam Investment & Finance Company share price will see a sharp breakout. Major resistance for Cholamandalam Investment & Finance Company share price will be seen at 1,314.62 for the week.
Trading range for Cholamandalam Investment & Finance Company share price for this week should be between 1,148.38 on down side and 1,337.23 on up side.
Cholamandalam Investment & Finance Company Previous Week Open: 1252
Cholamandalam Investment & Finance Company Previous Week High: 1292
Cholamandalam Investment & Finance Company Previous Week Low: 1229.05
Cholamandalam Investment & Finance Company Previous Week Close: 1233.95
Cholamandalam Investment & Finance Company Previous Week Range: 62.95 Points
Cholamandalam Investment & Finance Company share price support and resistance for the week (December 02, 2024 - December 06, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,337.23 |
| Resistance 2 | 1,314.62 |
| Resistance 1 | 1,274.28 |
| Support 1 | 1,211.33 |
| Support 2 | 1,188.72 |
| Support 3 | 1,148.38 |
