CHOLAFIN trade ideas
Short if it opens GAP down on mondayStock has reacted from the resistance level of 562.55 and if it breaks the up trend line with a GAP open on monday, we expect a good down trend for intraday on Monday.
CholafinCan go short if Breaks below 525 for target of 514 with Stoploss of 530
& can go Long if breaks out above 530 for target of 541 with Stoploss of 525
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Chola finance looking very good for short termit has fallen from 557 after making all time high due to profit booking now it has fall down and taking support at trend line which is very good to enter for a target of 551-557-565-575 also can be seen in some weeks.
accumulate it at given black line which are-517-508-500 and add till 490 with a SL-474 .
Chola Finance - Bearish Divergence on daily Chart.Bearish on this stock... High Beta so, Considerably Big Targets.
Cholafin breakout short termCholafin at 530 if crosses 535 level than we can see a short term breakout and target is 538 + upto 590 - 600. Stock is consolidating in the same rane since last 4 days a possible breakout is possible.
Education purpose
CHOLAFIN inverted head & H&H and negative diversionCHOLAFIN inverted head & shoulder and negative diversion may fall or breakout from H&S pattern
All time high bullishstock is making all time high with volume ,seems highly bullish.in last 12 sessions bears seems given up. volume of bears dried up. price is above 200 MA.
Cholafin - Pennant BOCholafin seems bullish as given a pennant breakout on 4hr TF. Already on support might break all time high. Targets on chart...
Cholafin - HnSCholafin forming Head and Shoulders pattern on hourly TF, Let it break neckline . Targets on chart...
CholaFin nearing weekly supply zoneCholaFin is at its weekly supply zone, it has failed twice to break the same zone.. will it break it this time? Pay attention to the price action here. A strong breakout on closing basis with volume is the key for a successful breakout, followed by a retracement that takes support at the resistance turned support level.
