Stock of the day - Cholamandalam Investment and Fin Co Ltd Target Rs. 1980 - Religare Broking Ltd
Cholamandalam Investment and Fin Co Ltd
Buy Cholamandalam Investment and Fin Co Ltd CMP (Rs) 1859 Range* 1855-1860 SL 1790 Target 1980

* CHOLFIN continues to maintain a steady rising structure, forming a higher top–higher bottom formation after recovering from the Rs1,300 odd levels.
* Following a marginal dip, the stock has witnessed renewed buying interest and broken out of a channel pattern.
* It has reclaimed its short-term averages, while the RSI has witnessed a bullish crossover, supporting the positive bias.
* Traders may consider accumulating the stock within the recommended range.
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SEBI Registration number is INZ00017433
