"CHOLAFIN: Retail NBFC Rocket at Lifetime High – 21% AUM Fireworks Continue!"

Daily Technical Chart Analysis (Lifetime High Zone)

CHOLAFIN maintains strong higher highs-higher lows structure since 2023, recently touched all-time high ₹1,782 (Oct 2025) before consolidating in ₹1,660-1,710 range. Current price action shows accumulation on dips with stable volumes signaling institutional confidence. Key Technical Indicators (Dec 3 data): RSI(14) ~34 (oversold territory - bounce potential), MACD negative (-16), price below 20-DMA ₹1,700 but holding above 50-DMA ₹1,670 and 200-DMA strong support at ₹1,560. Critical Levels: Immediate support ₹1,650-1,662 (pivot + recent lows), major support ₹1,600-1,623 (100-DMA zone), resistance ₹1,710 (near-term) and ₹1,782 (lifetime high). Volume stable, delivery % healthy - watch breakout above ₹1,710 with volume. Technical Outlook: Short-term consolidation likely (10-15% correction possible), long-term uptrend intact. Best risk-reward entries on dips to ₹1,650 support zone. Upcoming Events & Catalysts Recent: Q2 results (Nov 6, 2025) beat expectations followed by technical correction. NCD allotment (Dec 2, 2025). Upcoming: Q3 FY26 results (~Jan/Feb 2026), H1 FY26 Board meeting (Early Feb 2026), Investor concall post Q3. Track disbursement trends, NIM trajectory, asset quality metrics. Impact: Strong execution acts as positive trigger, NIM pressure or NPA slippage creates downside risk. No major negative overhang visible. CHOLAFIN Investment Highlights 20%+ AUM growth consistency, superior RoE ~18%, diversified retail portfolio, strong Murugappa parentage Gold Loans entry expands addressable market, digital execution edge differentiates from peers Valuation ~30x PE at lifetime highs (stretched) but RoE justifies premium - dip buying preferable Asset quality controlled, leverage disciplined, consistent execution track record