**Fundamental Analysis:** Cholamandalam Investment & Finance, a key NBFC in India, has shown strong loan book growth, supported by rising demand for vehicle and SME loans. Solid asset quality and a well-diversified portfolio add to its strength. However, rising interest rates and economic slowdowns could pose risks.
**Technical Analysis:** The stock is in an uptrend, currently testing resistance near ₹1,250. A breakout could push it toward ₹1,350. Strong support is at ₹1,150, and a breakdown below could trigger further downside. RSI is around 65, suggesting bullish momentum but approaching overbought levels.
**Conclusion:** Cholamandalam remains fundamentally strong. A breakout above ₹1,250 may signal further upside, while traders should monitor support levels for potential buying opportunities. 🚀📈
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.