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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 2024-03-15 View latest technical analysis

10 day averaged volume of Choksi Labor is 29663

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	45.07	46.99	48.00	44.50	0.526 times
14 Thu Mar 2024	46.02	42.85	47.30	42.00	0.875 times
13 Wed Mar 2024	44.74	48.75	48.75	38.32	3.295 times
12 Tue Mar 2024	47.89	49.80	49.80	44.02	1.272 times
11 Mon Mar 2024	48.75	57.13	57.13	47.99	2.992 times
07 Thu Mar 2024	56.01	56.00	57.75	55.65	0.071 times
06 Wed Mar 2024	54.06	57.17	57.17	52.70	0.305 times
05 Tue Mar 2024	57.17	56.85	59.90	55.20	0.172 times
04 Mon Mar 2024	58.78	61.47	61.50	58.25	0.25 times
02 Sat Mar 2024	61.30	62.00	62.00	59.56	0.14 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.9, but if it comes above 47.9, then a intra day buy could be more profitable.
If you take a sell trade below 47.9, then use 47.9 as stoploss and 41.5 as target. However if you take a buy trade in stock , then use 47.9 as stoploss and 53.19 as target.

Share price targets for Choksi Labor (ChoksiLabor)

Target Type	Value
Downside Target	38.32
Upside Target	45.50
Upside Target	49.01
Upside Target	50.40
Upside Target	52.70
Upside Target	56.00
Upside Target	57.13
Upside Target	58.90
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	36.55
Downside Intraday Target	28.03
Upside Intraday Target	55.36
Upside Intraday Target	65.65
Upside Intraday Target	46.84

Weekly technical analysis of Choksi Labor (ChoksiLabor)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	45.07	57.13	57.13	38.32	11.216 times
07 Thu Mar 2024	56.01	61.47	61.50	52.70	0.084 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

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
15 Fri Mar 2024	45.07	62.00	62.00	38.32	0.58 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

Choksi Labor Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a SELL signal in short term but selling 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 47.66 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 negative.

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