Cholamandalam - At Deman Zone
Updated
CHOLAFIN - if takes support at 393 (demand zone) then next target 441 (supply zone) Stop Loss 380. Looks like it can consolidate for a couple of weeks before another move. During the up-move, if it takes support at 441 then the next target is 480.
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Disclaimer: Please do your own research before investing in stocks. Thank you for your time to watch our post.
Trade closed: target reached
1st Target 441 reached. 2nd Target 480 (475 day high) Respected the top trendline and price coming back to retest. Can test 410 levels again.Trade closed: target reached
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