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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)

10 day averaged volume of Choksi Labor is 16358

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 66.49 67.84 67.84 66.49 0.807 times
29 Mon Apr 2024 67.84 67.84 67.84 67.84 0.702 times
26 Fri Apr 2024 66.51 66.51 66.51 66.51 1.314 times
25 Thu Apr 2024 65.21 65.21 65.21 65.20 0.871 times
24 Wed Apr 2024 62.11 62.24 62.24 60.50 3.362 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 62.5, but if it comes below 62.5, then a intra day sell could be more profitable.
If you take a sell trade below 62.5, then use 62.5 as stoploss and 55.87 as target. However if you take a buy trade in stock , then use 62.5 as stoploss and 70.4 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 48.25
Downside Target 49.95
Downside Target 51.00
Downside Target 53.85
Downside Target 55.88
Downside Target 58.90
Downside Target 62.00
Downside Target 65.40
Upside Target 67.84
Upside Target 78.25
Upside Target 80.50

Intraday share price targets for Choksi Labor (ChoksiLabor)

Target Type Value
Downside Intraday Target 66.04
Downside Intraday Target 65.59
Upside Intraday Target 67.39
Upside Intraday Target 68.29
Upside Intraday Target 66.94

Weekly technical analysis of Choksi Labor (ChoksiLabor)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 66.49 67.84 67.84 66.49 0.186 times
26 Fri Apr 2024 66.51 53.85 66.51 53.85 10.899 times
19 Fri Apr 2024 53.78 54.00 55.88 51.00 0.141 times
12 Fri Apr 2024 54.59 48.25 60.00 48.25 2.076 times
05 Fri Apr 2024 48.53 42.38 49.95 42.38 0.345 times

Price has moved down 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
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
31 Wed Jan 2024 62.21 71.34 78.25 58.90 1.421 times

Price has moved up 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)

Indicator Name Indicator Value Indicator Signal
ADX 50, 18, 47 Buy
MACD 6, 4Buy
Stochastics 97Buy
CCI 83Sell
RSI 51Buy
OBV 238642Sell
VWAP 62Buy
ADL 0Sell
ROC 22Buy
Force Index 0Sell

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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Choksi Labor in short term and the buy signal is strong.

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

Choksi Labor Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Choksi Labor in short term but SELL signal is weak.

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 62.47 and Choksi Labor (ChoksiLabor) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.

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