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(ChoksiLabor) Choksi Labor complete technical analysis [charts+indicators] | Buy/Sell Choksi Labor | (ChoksiLabor) share price targets

Complete technical analysis of Choksi Labor (ChoksiLabor) by charts plus indicators, forecast predictions and share price targets for Choksi Labor (ChoksiLabor)

Showing technical analysis as on 2024-02-21 View latest technical analysis

10 day averaged volume of Choksi Labor is 19088

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	50.22	51.50	52.00	49.55	0.115 times
20 Tue Feb 2024	50.62	50.50	51.86	50.50	0.148 times
19 Mon Feb 2024	49.66	52.00	53.69	49.01	2.099 times
16 Fri Feb 2024	49.66	51.65	52.85	48.99	1.558 times
15 Thu Feb 2024	50.77	53.00	55.60	49.80	0.96 times
14 Wed Feb 2024	54.00	52.50	56.00	50.50	0.269 times
13 Tue Feb 2024	52.48	49.00	53.01	45.50	1.046 times
12 Mon Feb 2024	50.63	54.40	55.90	50.00	1.388 times
09 Fri Feb 2024	55.99	56.00	56.98	52.90	1.303 times
08 Thu Feb 2024	56.02	57.13	59.86	55.50	0.801 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.4, but if it comes above 51.4, then a intra day buy could be more profitable.
If you take a sell trade below 51.4, then use 51.4 as stoploss and 45.6 as target. However if you take a buy trade in stock , then use 51.4 as stoploss and 56.3 as target.

Share price targets for Choksi Labor (ChoksiLabor)

Target Type	Value
Downside Target	45.50
Downside Target	49.01
Upside Target	52.90
Upside Target	56.00
Upside Target	58.01
Upside Target	61.05
Upside Target	64.56
Upside Target	65.34
Upside Target	68.32
Upside Target	76.19
Upside Target	78.25
Upside Target	80.50
Upside Target	86.00

Intraday share price targets for Choksi Labor (ChoksiLabor)

Target Type	Value
Downside Intraday Target	48.26
Downside Intraday Target	46.29
Upside Intraday Target	52.94
Upside Intraday Target	55.65
Upside Intraday Target	50.97

Weekly technical analysis of Choksi Labor (ChoksiLabor)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	50.22	52.00	53.69	49.01	0.453 times
16 Fri Feb 2024	49.66	54.40	56.00	45.50	1.394 times
09 Fri Feb 2024	55.99	60.19	62.00	52.90	0.62 times
02 Fri Feb 2024	58.72	62.75	65.34	58.01	2.995 times
25 Thu Jan 2024	64.00	67.84	68.32	61.05	0.657 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Choksi Labor (ChoksiLabor)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	50.22	60.51	63.00	45.50	1.174 times
31 Wed Jan 2024	62.21	71.34	78.25	58.90	1.421 times
29 Fri Dec 2023	68.00	80.50	80.50	62.50	0.374 times
30 Thu Nov 2023	75.98	69.99	86.00	64.56	2.661 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Choksi Labor (ChoksiLabor)

Price action analysis of Choksi Labor ( (ChoksiLabor) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Choksi Labor ( (ChoksiLabor) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Choksi Labor ( (ChoksiLabor) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Choksi Labor ( (ChoksiLabor) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Choksi Labor stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Choksi Labor in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Choksi Labor Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Choksi Labor in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Choksi Labor is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.73 and Choksi Labor (ChoksiLabor) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Choksi Labor (ChoksiLabor) stock. Volume based technical analysis of Choksi Labor (ChoksiLabor) stock is negative.

Choksi Labor Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.