This stock has broken down support trend line on daily chart along with good intensity of volume. Stock is possibly forming a bearish head and shoulder pattern and currently, the neckline is at 603. close below 603 will confirm a head and shoulders breakdown which may the open the gates of 482 levels. Also trend indicators like macd, rsi, rk momentum, rk mass...
📈 CholaFin 📉 This broke out from a resistance zone 690-700 on closing basis after testing three times. On Buy Side I am looking for Targets of 800 - 820 zone. Target Calculation = 2*(Resistance Level - Last swing low) StopLoss should be kept in 680-690 zone. It offers 1:3 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels...
hi guys , Chola finance is clearly breakout of resistance of 668 , so Buy in current level - 681 level and Target is 735 - 740 . please comment on this idea what is your opinion .
On the 30 min timeframe, Cholamandalam Finance seems to be on the verge of a breakdown if it is able to break down the level of 362!! The OI data also indicates Short Buildup!! Once it breaks the level, the first expected stop will be 350, then 340, then 330 and the final target expected is 310 odd!! Cheers!!
Zeta scanner Weekly Graph suggests Chlamandalam growth story is over.Just a big red candle and it will start sliding down. Also, just see the perfect automatic buy sell indicator by Zeta Scanner. Enjoy the trade !!
Cup & Handle Pattern Spotted in 4h see idea and in 2h prefect setup ready to shine stay tune on mcpriceaction feedback in comments section welcome Volume Seems to be in favor of bulls
Target:- 205 SELL at 260 since it is at critical Fibonacci level i.e 61% level will go down till 38% fib level
Hello! Friends, I came with new research an idea but, before starting talking about technical Let's share your LOVE by giving me LIKES and COMMENTS. As you see in the chart the impulsive wave ( 1,2,3,4,5 ) completed and price shifted toward corrective wave A, B and C The cholaFin consolidate between same area from few days and last day its gives a fake...
breakout or breakdown.
Looks like a very interesting pattern. Finding a Reverse Head and Shoulder Pattern at the bottom of a down trend is highly successful.
Follow Chart Instruction. Dis-Investment Chart
Trade - Day Trading Position - Long Entry - 1304 Targets - 1314 / 1324 Stop Loss - 1290