Cholamandalam Investment and Finance Company technical analysis

According to the latest Pivot data, Cholamandalam Investment and Finance Company’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹1559.83, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1584.36, ₹1624.33, and ₹1648.86, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1519.86, ₹1495.33, and ₹1455.36, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Cholamandalam Investment and Finance Company’s price movement.