Averoy_Apoorv_Analysis

🔰 CholaFin | Amazing Parallel channel

Long
NSE:CHOLAFIN   CHOLAMANDALAM INV
🔰 MY thought process :
⭐Amazing channel pattern, as historic data says: it comes to this trend line ( supportive one ) takes support and goes back to top one :)
⭐Buy low - Sell high type strategy it is :) well if it breakouts the channel that's a bonus:: hold a little more :)
⭐Risk: below the previous candle low and TGT 1 can be top of the channel.


🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
Also keeping an eye on JSW steel too seems bullish to me :) , All the analysis already posted :)

🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.

<<<<<<Thank You Have a Nice Trading Day>>>>>>

Comments

Volume missing last day candle please check
+1 Reply
@VishalPG1, well bro if you are buying on a support level, the volume doesn't matter :), on a breakout many people enter so volumes get higher and higher and that's where you need volume :) so if u buy on a support level there might not be good volumes, take a risk and initiate a good potential trade as per your risk :)
Reply
keep going , Learning never end and never allow you to end...
+1 Reply
@riazmhdsalim, yep the sole purpose of posting here is to learn together, bcoz I am no pro if any flaws are detected in my analysis everyone is free to post their charts in comments I will get to know and learn a lot from you guys too :)
Reply
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