Stock of the day : Cholamandalam Investment and Fin Co Ltd For Target Rs. 1420 - Religare Broking Ltd
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Cholamandalam Investment and Fin Co Ltd
* CHOALFIN has recorded a fresh breakout from the consolidation range which continued for over 10 months.
* It has formed a fresh buying pivot holding above its short term moving average indicates momentum in place.
* Considering price pattern and uptick in volumes, we believe bullish tone to continue.
* Traders can consider fresh longs in the mentioned range.
Buy Cholamandalam Investment and Fin Co Ltd CMP 1337.85 Range 1335-1340 SL 1300 ; Target 1420
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SEBI Registration number is INZ000174330
