CHOLAFIN Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

CHOLAFIN closed the previous week on a negative note losing 3.10%

Technically, CHOLAFIN share price will see immediate support at 1,119.78 and immediate resistance would be seen at 1,155.63

If CHOLAFIN share price closes below immediate support of 1,119.78, then sharp breakdown can be seen. CHOLAFIN share price will see major support at 1,101.97 for the week.

On the positive side, immediate resistance will be seen at 1,155.63. Closing above 1,155.63, CHOLAFIN share price will see a sharp breakout. Major resistance for CHOLAFIN share price will be seen at 1,173.67 for the week.

Trading range for CHOLAFIN share price for this week should be between 1,083.93 on down side and 1,191.48 on up side.

CHOLAFIN Previous Week High: 1155.85

CHOLAFIN Previous Week Low: 1120

CHOLAFIN Previous Week Range: 35.85 Points

CHOLAFIN share price support and resistance for the week (July 31, 2023 – August 04, 2023)