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ParyataK

CHOLAFIN Rebound from Support; LONG TRADE

Long
CHOLAMANDALAM INV (NSE:CHOLAFIN)  
ParyataK  
NSE:CHOLAFIN   CHOLAMANDALAM INV
Trend Analysis Chart Patterns CHOLAFIN cholamandalam cholafinance longsetup Bullish Flag buycall nbfc
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trendanalysis chartpattern cholafin cholamandalam cholafinance longsetup bullishflag buycall nbfc
Cholamandalam Investment has been following a parallel channel. It recently touched upper band and corrected down to the lower band of this channel. The support stands at levels of 577-580. You can Go LONG Here, and exit this trade at upper band of the channel. Also, this stock has been consolidating for long, after a strong bullish movement. The breakout of this channel can lead the stock to scale NEW HIGHS. I am personally Bullish on this trade!

** I am not SEBI registered, kindly consult your advisor before taking trade.**
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