Stock Analysis of Chola Finance
Price - ₹253.75 Dt. - 10-10-2020
Price takes the support of 21DEMA and 50DEMA. price is also moving in a range. It looks like the price will further go down till the trendline or 50DEMA before moving up. If the stock starts falling in the next trading session then to wait till it takes to support and starts moving back. If the stock moves upward and breaks the horizontal line which is placed at ₹264.60 than to wait till it takes the support of the blue line. RSI is neutral.
Price takes the support of 21DEMA and 50DEMA. price is also moving in a range. It looks like the price will further go down till the trendline or 50DEMA before moving up. If the stock starts falling in the next trading session then to wait till it takes to support and starts moving back. If the stock moves upward and breaks the horizontal line which is placed at ₹264.60 than to wait till it takes the support of the blue line. RSI is neutral.
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