Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-24 View latest technical analysis

10 day averaged volume of Choksi Labor is 1594

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	59.29	60.00	60.00	59.29	0.287 times
23 Thu May 2024	60.50	60.27	60.50	60.00	5.297 times
22 Wed May 2024	60.27	60.27	60.27	60.27	0.013 times
21 Tue May 2024	60.27	60.27	60.27	60.27	0.364 times
17 Fri May 2024	61.50	63.65	63.65	61.20	0.406 times
16 Thu May 2024	62.42	62.42	62.42	61.25	0.984 times
15 Wed May 2024	61.20	60.00	61.20	60.00	0.872 times
14 Tue May 2024	60.00	59.00	60.00	59.00	0.197 times
13 Mon May 2024	59.00	57.73	60.00	57.73	0.37 times
10 Fri May 2024	58.90	58.90	59.00	58.90	0.572 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.4, but if it comes above 59.4, then a intra day buy could be more profitable.
If you take a sell trade below 59.4, then use 59.4 as stoploss and 56.2 as target. However if you take a buy trade in stock , then use 59.4 as stoploss and 62.14 as target.

Share price targets for Choksi Labor (ChoksiLabor)

Target Type	Value
Downside Target	38.32
Downside Target	42.38
Downside Target	45.50
Downside Target	53.85
Downside Target	57.73
Downside Target	58.90
Upside Target	60.50
Upside Target	62.00
Upside Target	65.17
Upside Target	65.40
Upside Target	66.51
Upside Target	67.84
Upside Target	78.25

Intraday share price targets for Choksi Labor (ChoksiLabor)

Target Type	Value
Downside Intraday Target	58.89
Downside Intraday Target	58.48
Upside Intraday Target	60.1
Upside Intraday Target	60.9
Upside Intraday Target	59.69

Weekly technical analysis of Choksi Labor (ChoksiLabor)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	59.29	60.27	60.50	59.29	2.107 times
17 Fri May 2024	61.50	57.73	63.65	57.73	0.616 times
10 Fri May 2024	58.90	62.63	62.63	58.90	0.161 times
03 Fri May 2024	63.90	67.84	67.84	63.87	0.341 times
26 Fri Apr 2024	66.51	53.85	66.51	53.85	10.899 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Choksi Labor (ChoksiLabor)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri May 2024	59.29	65.17	65.17	57.73	0.141 times
30 Tue Apr 2024	66.49	42.38	67.84	42.38	0.51 times
28 Thu Mar 2024	42.38	62.00	62.00	38.32	1.085 times
29 Thu Feb 2024	58.38	60.51	65.40	45.50	2.313 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Choksi Labor ( (ChoksiLabor) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

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

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.6 and Choksi Labor (ChoksiLabor) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 positive

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