Cholamandalam Finance Near Key Support – Bullish Reversal SetupCholamandalam Finance Near Key Support – Bullish Reversal Setup
4/1/24 Daily/Weekly Analysis
CHOLAHLDNG is currently trading near a strong support zone of around ₹1,309.30, reinforced by a diagonal support trendline. Technical indicators suggest the stock is bullish and undervalued, with TradingVi
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110.40 INR
17.73 B INR
255.64 B INR
94.75 M
About CHOLAMANDALAM FIN HOL LTD
Sector
Industry
Headquarters
Chennai
Website
Founded
1949
ISIN
INE149A01033
FIGI
BBG000D1D025
Cholamandalam Financial Holdings Ltd. engages in the provision of investment services. It operates through the Insurance and Allied Services and Financial Services segments. The Insurance and Allied Services segment represents insurance business and related risk services. The Financial Services segment refers to financial service business. The company was founded on September 9, 1949 and is headquartered in Chennai, India.
SWING IDEA - CHOLAHLDNGStock has been under consolidation since 6 months.
MACD Cross seems to be in play. But has tried crossing since 3 months now.
Lets wait for the MACD Cross to happen successfully and the consolidation could complete around same time.
Stock has been having multiple good Earnings. This should definitel
go long - swing pick- this stock shows signficant delivery percentage value
- possible chances for accumulation
- may perform good in upcoming days
- this stock is picked after market close based on delivery qty data.
- follow this stock for next 5 days , if entry not triggered with in 5 days , ignore pick
- line ma
CHOLAHLDNG - Bullish SetupStock name - Cholamandalam Financial Holdings Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for dem
CHOLAHLDNGNSE:CHOLAHLDNG
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : Yo
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
See all ideas
Summarizing what the indicators are suggesting.
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Neutral
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Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of CHOLAHLDNG is 1,813.60 INR — it has increased by 1.86% in the past 24 hours. Watch CHOLAMANDALAM FIN HOL LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange CHOLAMANDALAM FIN HOL LTD stocks are traded under the ticker CHOLAHLDNG.
CHOLAHLDNG stock has risen by 14.13% compared to the previous week, the month change is a 13.28% rise, over the last year CHOLAMANDALAM FIN HOL LTD has showed a 68.64% increase.
We've gathered analysts' opinions on CHOLAMANDALAM FIN HOL LTD future price: according to them, CHOLAHLDNG price has a max estimate of 2,040.00 INR and a min estimate of 1,320.00 INR. Watch CHOLAHLDNG chart and read a more detailed CHOLAMANDALAM FIN HOL LTD stock forecast: see what analysts think of CHOLAMANDALAM FIN HOL LTD and suggest that you do with its stocks.
CHOLAHLDNG reached its all-time high on Oct 1, 2024 with the price of 2,154.95 INR, and its all-time low was 222.35 INR and was reached on May 26, 2020. View more price dynamics on CHOLAHLDNG chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CHOLAHLDNG stock is 4.86% volatile and has beta coefficient of 1.00. Track CHOLAMANDALAM FIN HOL LTD stock price on the chart and check out the list of the most volatile stocks — is CHOLAMANDALAM FIN HOL LTD there?
Today CHOLAMANDALAM FIN HOL LTD has the market capitalization of 334.11 B, it has decreased by −8.87% over the last week.
Yes, you can track CHOLAMANDALAM FIN HOL LTD financials in yearly and quarterly reports right on TradingView.
CHOLAMANDALAM FIN HOL LTD is going to release the next earnings report on May 9, 2025. Keep track of upcoming events with our Earnings Calendar.
CHOLAHLDNG net income for the last quarter is 4.86 B INR, while the quarter before that showed 5.26 B INR of net income which accounts for −7.49% change. Track more CHOLAMANDALAM FIN HOL LTD financial stats to get the full picture.
Yes, CHOLAHLDNG dividends are paid annually. The last dividend per share was 0.55 INR. As of today, Dividend Yield (TTM)% is 0.03%. Tracking CHOLAMANDALAM FIN HOL LTD dividends might help you take more informed decisions.
CHOLAMANDALAM FIN HOL LTD dividend yield was 0.05% in 2023, and payout ratio reached 0.58%. The year before the numbers were 0.10% and 0.80% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 15, 2025, the company has 39.75 K employees. See our rating of the largest employees — is CHOLAMANDALAM FIN HOL LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. CHOLAMANDALAM FIN HOL LTD EBITDA is 84.55 B INR, and current EBITDA margin is 62.86%. See more stats in CHOLAMANDALAM FIN HOL LTD financial statements.
Like other stocks, CHOLAHLDNG shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade CHOLAMANDALAM FIN HOL LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So CHOLAMANDALAM FIN HOL LTD technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating CHOLAMANDALAM FIN HOL LTD stock shows the buy signal. See more of CHOLAMANDALAM FIN HOL LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.