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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 2024-03-04 View latest technical analysis

10 day averaged volume of Choksi Labor is 29293

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	58.78	61.47	61.50	58.25	0.253 times
02 Sat Mar 2024	61.30	62.00	62.00	59.56	0.142 times
01 Fri Mar 2024	59.50	62.00	62.00	57.00	0.634 times
29 Thu Feb 2024	58.38	57.00	59.99	55.70	0.371 times
28 Wed Feb 2024	57.01	65.40	65.40	56.51	2.099 times
27 Tue Feb 2024	62.60	51.40	63.55	50.40	6.249 times
26 Mon Feb 2024	52.96	52.00	53.95	51.00	0.172 times
23 Fri Feb 2024	51.48	51.50	51.70	50.14	0.095 times
22 Thu Feb 2024	51.50	51.22	52.89	49.55	0.067 times
21 Wed Feb 2024	50.22	51.50	52.00	49.55	0.075 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.6, but if it comes below 58.6, then a intra day sell could be more profitable.
If you take a sell trade below 58.6, then use 58.6 as stoploss and 54.56 as target. However if you take a buy trade in stock , then use 58.6 as stoploss and 63.4 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
Downside Target	58.25
Upside Target	61.50
Upside Target	64.56
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	57.52
Downside Intraday Target	56.26
Upside Intraday Target	60.77
Upside Intraday Target	62.76
Upside Intraday Target	59.51

Weekly technical analysis of Choksi Labor (ChoksiLabor)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	58.78	61.47	61.50	58.25	0.026 times
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

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
04 Mon Mar 2024	58.78	62.00	62.00	57.00	0.056 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing 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 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 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 60.55 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 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.