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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 2024-03-02 View latest technical analysis

10 day averaged volume of Choksi Labor is 32884

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	61.30	62.00	62.00	59.56	0.126 times
01 Fri Mar 2024	59.50	62.00	62.00	57.00	0.565 times
29 Thu Feb 2024	58.38	57.00	59.99	55.70	0.33 times
28 Wed Feb 2024	57.01	65.40	65.40	56.51	1.87 times
27 Tue Feb 2024	62.60	51.40	63.55	50.40	5.566 times
26 Mon Feb 2024	52.96	52.00	53.95	51.00	0.154 times
23 Fri Feb 2024	51.48	51.50	51.70	50.14	0.085 times
22 Thu Feb 2024	51.50	51.22	52.89	49.55	0.059 times
21 Wed Feb 2024	50.22	51.50	52.00	49.55	0.067 times
20 Tue Feb 2024	50.62	50.50	51.86	50.50	0.086 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.5, but if it comes below 58.5, then a intra day sell could be more profitable.
If you take a sell trade below 58.5, then use 58.5 as stoploss and 54.53 as target. However if you take a buy trade in stock , then use 58.5 as stoploss and 63.3 as target.

Share price targets for Choksi Labor (ChoksiLabor)

Target Type	Value
Downside Target	45.50
Downside Target	49.01
Downside Target	50.40
Downside Target	52.90
Downside Target	56.00
Upside Target	62.00
Upside Target	64.56
Upside Target	65.34
Upside Target	65.40
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	52.67
Downside Intraday Target	44.03
Upside Intraday Target	67.67
Upside Intraday Target	74.03
Downside Intraday Target	59.03

Weekly technical analysis of Choksi Labor (ChoksiLabor)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	61.30	52.00	65.40	50.40	5.682 times
23 Fri Feb 2024	51.48	52.00	53.69	49.01	0.5 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

Price has moved up 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
02 Sat Mar 2024	61.30	62.00	62.00	57.00	0.042 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
29 Fri Dec 2023	68.00	80.50	80.50	62.50	0.374 times

Scroll below to view daily charts

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)

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

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

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. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Choksi Labor in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 60.5 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 negative.

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