CHOLAFIN trade ideas
CHOLAFIN : Break the Resistance Line..!5 Step Analysis of CHOLAFIN Stock
1. On Daily TF we can see that stock was respect the resistance line from July 2022.
2. On Friday Stock has given closing above Resistance Line with High Volume.
3. Strong Mometum base build on Daily, Weekly & Monthly Basis with increase Volatility for further upside move.
4.From May 2020 Stock Made Higher High and also follow the trend support.
5. On next week stock Maintain 840 level and give closing above 840 then text level we can see at 850 and 870 in Coming week.
CHOLAMANDALAM is ready for another run
After break of market structure and a previous bull run, it formed a bullish flag pattern & now is at resistance, from where it can give a good breakout for next bullish trend continuation.
CHOLAFIN Sell for intraday tradingCHOLAFIN Sell for intraday trading if stock breaks the given support level..........
A reversal candlestick patternA double candlestick pattern,Bearish Engulfing is seen near the resistance line in daily timeframe and traders may open short position.
Cholafin view for today 20th FebCholafin view for today
Please follow strict risk reward and stop loss
Charts for Educational purposes only
Thanks,
V Trade Point
Cholafin bullish momentum above 790Cholafin bullish momentum may come above 790
Charts for Educational purposes only.
Follow strict risk reward if you follow the level
Thanks,
V Trade Point
Cholafin view for 16th FebCholafin view for 16th Feb
Resistance breakout expectation
Please follow strict risk reward and stop loss...
Charts for Educaitonal purposes only.
Thanks,
V Trade Point
Evening starA barish pattern formed in Chola fin daily chart.
After a uptrend and at major resistance the stock may reverse.
For educational purposes only.
Breakout in CholafinTodays view in Cholafin 8th Feb
Breakout in Cholafin
If sustain above 790 will see Double top
Please strictly follow risk reward and stop loss if u enter in the trade
Thanks,
V Trade Point
CholafinCholafin stalled its upward rally due to market correction but its taken support near its 78% fib retracement level & trying to regain its upward rally towards 750 level.
Could be bought with stoploss below its 50% fib retracement level ; 702.
CHOLAFINFailed attemp to break parallel channel. Might test upper end of the channel. Can be held with the SL.
Cholamandal Finance Cholamandal day chart there is string support zone at 690
below 690 this stock will start fall bcoz there is two supports
Cholafin #Channel Pattern Its the weekly chart of cholafin which is in a channel for quite long time. The price is making a series of higher highs and higher lows. It already retraced upto 0.618 fibonnaci levels since its previous high. Also taking support on the lower trend line of the channel ,adding confluence to the area. The price have the potential to move up in upcoming sessions.
CHOLAFIN Buy for intraday tradingCHOLAFIN Buy for intraday trading if stock break the given resistence level.........
Possible for uptrend it is reversing from supportline It took support at pivot S1 and channel pattern. Keep it ur watchlist
CHOLAFIN Buy for intraday tradingCHOLAFIN Buy for intraday trading if stock break the given resistence zone.........
chola finance idea IF this stock sustainable between 740 to 760 than buy for longer target 820 to 840 level
Chola fin intraday Chola fin intraday sell
Sell below 715
Sl 720
Tgt 710 700
Ask your financial advisor before taking any action based on my view
Only for educational purposes
Intraday trade
Equity rates
Chola Mandalam Long setup for swingChola Mandalam has broken reistance trendline and closed above it.
We may see upward momentum in coming days.
Seems good for swing trade.
CMP 670,
Can do 700, 750, 800+
SL below 590 on closing basis
convervative SL 640
-Saptarish Trading.
Chola Invest bullish for 18.07.22resistance breakout on hourly chart and RSI is above 60 also MACD has given buy signal It can give good up move on 18.07.2022 so keep a watch
CHOLAFIN SILENTCholafin looks bearish
Multiple time supports no changes proper volume.Expecting breakdown
intraday levels ill update later.
