CHOLAFIN Outlook for the Week (December 16, 2024 – December 20, 2024)
Cholamandalam Investment & Finance Company closed flat on Weekly basis.
Technically, Cholamandalam Investment & Finance Company share price will see immediate support at 1,263.67 and immediate resistance would be seen at 1,355.02.
If Cholamandalam Investment & Finance Company share price closes below immediate support of 1,263.67, then sharp breakdown can be seen. Cholamandalam Investment & Finance Company share price will see major support at 1,222.48 for the week.
On the positive side, immediate resistance will be seen at 1,355.02. Closing above 1,355.02, Cholamandalam Investment & Finance Company share price will see a sharp breakout. Major resistance for Cholamandalam Investment & Finance Company share price will be seen at 1,405.18 for the week.
Trading range for Cholamandalam Investment & Finance Company share price for this week should be between 1,172.32 on down side and 1,446.37 on up side.
Cholamandalam Investment & Finance Company Previous Week Open: 1275.1
Cholamandalam Investment & Finance Company Previous Week High: 1364
Cholamandalam Investment & Finance Company Previous Week Low: 1272.65
Cholamandalam Investment & Finance Company Previous Week Close: 1304.85
Cholamandalam Investment & Finance Company Previous Week Range: 91.35 Points
Cholamandalam Investment & Finance Company share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,446.37 |
| Resistance 2 | 1,405.18 |
| Resistance 1 | 1,355.02 |
| Support 1 | 1,263.67 |
| Support 2 | 1,222.48 |
| Support 3 | 1,172.32 |
