CHOLAFIN Outlook for the Week (December 23, 2024 – December 27, 2024)
Cholamandalam Investment & Finance Company closed the previous week on a negative note losing -8.90%.
Technically, Cholamandalam Investment & Finance Company share price will see immediate support at 1,144.17 and immediate resistance would be seen at 1,273.57.
If Cholamandalam Investment & Finance Company share price closes below immediate support of 1,144.17, then sharp breakdown can be seen. Cholamandalam Investment & Finance Company share price will see major support at 1,098.78 for the week.
On the positive side, immediate resistance will be seen at 1,273.57. Closing above 1,273.57, Cholamandalam Investment & Finance Company share price will see a sharp breakout. Major resistance for Cholamandalam Investment & Finance Company share price will be seen at 1,357.58 for the week.
Trading range for Cholamandalam Investment & Finance Company share price for this week should be between 1,014.77 on down side and 1,402.97 on up side.
Cholamandalam Investment & Finance Company Previous Week Open: 1305.7
Cholamandalam Investment & Finance Company Previous Week High: 1312.2
Cholamandalam Investment & Finance Company Previous Week Low: 1182.8
Cholamandalam Investment & Finance Company Previous Week Close: 1189.55
Cholamandalam Investment & Finance Company Previous Week Range: 129.4 Points
Cholamandalam Investment & Finance Company share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,402.97 |
| Resistance 2 | 1,357.58 |
| Resistance 1 | 1,273.57 |
| Support 1 | 1,144.17 |
| Support 2 | 1,098.78 |
| Support 3 | 1,014.77 |
