akshayk2353

CHLOAFIN LONG

Long
akshayk2353 Updated   
NSE:CHOLAFIN   CHOLAMANDALAM INV
Once 560 Level is crossed one can go long ( Ascending Triangle Pattern)
Order cancelled:
It Has formed a Red candle now if its low is broken then you can expect a good fall in price as there will be breakout failure.
Logic-Buyers will have their SL below the green breakout candle, now if low broken there can be multiple scenarios there can be panic or SL are hit leading to selling
Trade active:
Opened Gap Down ,intraday short can be done wait for price action,in coming days you see good down move
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.