Cholamandalam Finance - Short for a target of 189.50 Short

CHOLAMANDALAM INVNSE

Description

⋅ Aug 2, 2020 5:21 PM

Date- 02 Aug 2020
Cholamandlam Finance (CMP 202.50)

Double Bottom Pattern. Also Max OI addition is at 180 strike price (1.60 lacs OI added in just 1 day). It shows where the under current is building up in the stock.

Target - 189.50
T1- 198, T2- 193.50, T3- 189.50; SL- 207

Once the stock price moves below 190 then new opportunities will open for 180 level. Will review the stock price below 190.

Trade active

⋅ Aug 4, 2020 8:44 AM

T1 achieved

Trade closed manually

⋅ Aug 5, 2020 6:14 PM