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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 2024-05-29 View latest technical analysis

10 day averaged volume of Choksi Labor is 1631

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	55.82	55.82	55.82	55.82	20.427 times
28 Tue May 2024	56.95	57.00	57.00	56.95	0.852 times
27 Mon May 2024	58.11	58.12	58.12	58.11	0.92 times
24 Fri May 2024	59.29	60.00	60.00	59.29	0.28 times
23 Thu May 2024	60.50	60.27	60.50	60.00	5.177 times
22 Wed May 2024	60.27	60.27	60.27	60.27	0.012 times
21 Tue May 2024	60.27	60.27	60.27	60.27	0.356 times
17 Fri May 2024	61.50	63.65	63.65	61.20	0.397 times
16 Thu May 2024	62.42	62.42	62.42	61.25	0.962 times
15 Wed May 2024	61.20	60.00	61.20	60.00	0.852 times

Stock of Choksi Labor (ChoksiLabor) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 55.2, for a target of 58.2 or 60.7

Share price targets for Choksi Labor (ChoksiLabor)

Target Type	Value
Downside Target	38.32
Downside Target	42.38
Downside Target	45.50
Downside Target	55.82
Upside Target	57.73
Upside Target	60.50
Upside Target	62.00
Upside Target	63.87
Upside Target	65.17
Upside Target	65.40
Upside Target	67.84
Upside Target	78.25

Intraday share price targets for Choksi Labor (ChoksiLabor)

Target Type	Value
Downside Intraday Target	55.05
Downside Intraday Target	54.29
Upside Intraday Target	57.35
Upside Intraday Target	58.89
Upside Intraday Target	56.59

Weekly technical analysis of Choksi Labor (ChoksiLabor)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	55.82	58.12	58.12	55.82	3.811 times
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

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
29 Wed May 2024	55.82	65.17	65.17	55.82	0.262 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 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 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.

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 but the sell signal is initial and weak.

Choksi Labor Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 57.25 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 positive

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