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CHOLAFINMARKET OUTLOOKSTOCK OUTLOOK

CHOLAFIN Outlook for the Week (August 28, 2023 – September 01, 2023)

CHOLAFIN
CHOLAFIN
CHOLAFIN closed the previous week on a negative note losing 7.85%.

Technically, CHOLAFIN share price will see immediate support at 1,031.97 and immediate resistance would be seen at 1,118.72.

If CHOLAFIN share price closes below immediate support of 1,031.97, then sharp breakdown can be seen. CHOLAFIN share price will see major support at 981.73 for the week.

On the positive side, immediate resistance will be seen at 1,118.72. Closing above 1,118.72, CHOLAFIN share price will see a sharp breakout. Major resistance for CHOLAFIN share price will be seen at 1,155.23 for the week.

Trading range for CHOLAFIN share price for this week should be between 945.22 on down side and 1,205.47 on up side.

CHOLAFIN Previous Week High: 1105

CHOLAFIN Previous Week Low: 1018.25

CHOLAFIN Previous Week Range: 86.75 Points

CHOLAFIN share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type Value
Resistance 3 1,205.47
Resistance 2 1,155.23
Resistance 1 1,118.72
Support 1 1,031.97
Support 2 981.73
Support 3 945.22

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