Stock Radar: Cholamandalam Investment & Finance hits fresh record high in October; will the rally continue in November?

Cholamandalam Investment & Finance stock has surged to new record highs after breaking out of a six-month consolidation. Technical indicators suggest the upward trend is likely to continue. Experts recommend buying the stock for potential gains. Short-term traders can target levels above Rs 1,800 in the coming weeks. The stock is trading above key moving averages, indicating strong momentum.