PrashantBhiwaniwala

Cholamandalam Investment & Finance Company Ltd - 11.02.2022

Short
NSE:CHOLAFIN   CHOLAMANDALAM INV
Cholamandalam Finance & Investment Company Ltd - 11.02.2022

The stock is trading @ 680 levels

There is a SPINNING TOP & DOJI in Daily Chart

The prices are above EMA

There is a MACD Bearish Divergence in Daily Chart

There is a RSI Bearish Divergence in Daily Chart

Let the prices go below 671, one can initiate a sell position with support @ 684.40

Watch out for the price action

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