2024-01-05 10:47:48 am | Source: Religare Broking Ltd
Stock of the day : Cholamandalam Investment and Fin Co Ltd For Target Rs. 1385 - Religare Broking
Cholamandalam Investment and Fin Co Ltd
* CHOLAFIN has been in steady uptrend for over 8 months, trading at its record highs levels.
* It has registered a fresh breakout from the cup and handle pattern while holding above its short term moving average.
* Price pattern combined with uptick in volumes suggests bullish tone to continue.
* We thus recommend creating fresh longs in the mentioned range.
Buy Cholamandalam Investment and Fin Co Ltd CMP 1297.25; Range 1295-1300; SL 1258; Target 1385
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SEBI Registration number is INZ000174330
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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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