Cholamandalam Investment & Finance (CHOLAFIN) Stock Analysis

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**GlobalTradeHub | Cholamandalam Investment & Finance (CHOLAFIN) Stock Analysis**

**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.

**Key Levels:**
- **Resistance:** ₹1,250 / ₹1,350
- **Support:** ₹1,150 / ₹1,050

**Conclusion:**
Cholamandalam remains fundamentally strong. A breakout above ₹1,250 may signal further upside, while traders should monitor support levels for potential buying opportunities. 🚀📈

Penafian

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