CHOLAFIN Outlook for the Week (November 18, 2024 – November 22, 2024)
Cholamandalam Investment & Finance Company closed the previous week on a negative note losing -4.54%.
Technically, Cholamandalam Investment & Finance Company share price will see immediate support at 1,165.12 and immediate resistance would be seen at 1,262.32.
If Cholamandalam Investment & Finance Company share price closes below immediate support of 1,165.12, then sharp breakdown can be seen. Cholamandalam Investment & Finance Company share price will see major support at 1,124.53 for the week.
On the positive side, immediate resistance will be seen at 1,262.32. Closing above 1,262.32, Cholamandalam Investment & Finance Company share price will see a sharp breakout. Major resistance for Cholamandalam Investment & Finance Company share price will be seen at 1,318.93 for the week.
Trading range for Cholamandalam Investment & Finance Company share price for this week should be between 1,067.92 on down side and 1,359.52 on up side.
Cholamandalam Investment & Finance Company Previous Week Open: 1263
Cholamandalam Investment & Finance Company Previous Week High: 1278.35
Cholamandalam Investment & Finance Company Previous Week Low: 1181.15
Cholamandalam Investment & Finance Company Previous Week Close: 1205.7
Cholamandalam Investment & Finance Company Previous Week Range: 97.2 Points
Cholamandalam Investment & Finance Company share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,359.52 |
| Resistance 2 | 1,318.93 |
| Resistance 1 | 1,262.32 |
| Support 1 | 1,165.12 |
| Support 2 | 1,124.53 |
| Support 3 | 1,067.92 |
