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📈 CHOLAFIN Swing & Positional Technical Analysis (November 2025)

 








📈 CHOLAFIN Swing & Positional Technical Analysis (November 2025)

🧭 Overview

Cholamandalam Investment & Finance Co. Ltd. (CHOLAFIN) has shown strong bullish momentum over the last few months, forming higher highs and higher lows on both daily and weekly charts. The price recently faced resistance near ₹1,780–₹1,800 — a key supply zone from earlier highs — and is now in a short-term consolidation phase.

🔍 Daily Chart Analysis (1D Timeframe)

  • Current Price: ₹1,696.80

  • Recent High: ₹1,782

  • Support Levels: ₹1,685 / ₹1,667

  • Resistance Levels: ₹1,782 / ₹1,850

  • Trend: Bullish (but near resistance zone)

Observations:

  • Price has been respecting the 20-day EMA, indicating strong trend-following behavior.

  • The recent candle shows mild profit booking after touching the resistance near ₹1,780.

  • As long as CHOLAFIN holds above ₹1,660, the overall uptrend remains intact.

🕰️ Weekly Chart Analysis (1W Timeframe)

  • The stock has broken out of a multi-month consolidation zone (₹1,550–₹1,700) and is retesting the breakout.

  • Long-term structure remains strongly bullish, supported by higher volume breakouts.

  • Weekly candles show buying interest on dips — confirming institutional accumulation.

🎯 Swing Trading Setup (1–3 Weeks)

  • Buy Zone: ₹1,685–₹1,700

  • Target 1: ₹1,780

  • Target 2: ₹1,820

  • Stop Loss: ₹1,660 (on closing basis)

  • Holding Period: 7–15 trading days

Risk–Reward Ratio: ~1 : 1.5
Trade View: Buy on dips near ₹1,685–₹1,700 for a bounce towards ₹1,800+.

📊 Positional Trade Setup (1–2 Months)

  • Entry Range: ₹1,670–₹1,700

  • Target 1: ₹1,850

  • Target 2: ₹1,950–₹2,000 (if breakout sustains above ₹1,820)

  • Stop Loss: ₹1,640 (weekly close basis)

View: The structure supports a medium-term target of ₹1,950–₹2,000 if the ₹1,780–₹1,820 zone is broken with volume.

⚙️ Indicators Summary

Indicator Reading Interpretation
RSI (14) 60–65 Moderately bullish, still below overbought zone
MACD Positive crossover Bullish momentum continuation
Moving Averages Price > 20, 50, 100 DMA Strong uptrend confirmation
Volume Rising on up days Smart money accumulation evident

🧩 Conclusion

CHOLAFIN remains in a strong uptrend, with short-term consolidation near resistance. Traders can accumulate on dips near ₹1,685–₹1,700 with a stop below ₹1,660. A breakout above ₹1,820 could trigger a new leg towards ₹1,950–₹2,000 levels.

📅 Ideal Holding: 2–3 weeks for swing, 1–2 months for positional.
💡 View: Bullish Buy-on-Dips Strategy


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