#CHOLAFIN trading above Resistance of 1231
Next Resistance is at 1566
Support is at 966
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
"CholaFin has broken out on the daily timeframe, signaling a strong upward momentum. With technical indicators supporting the breakout, the price is expected to rise further, presenting an excellent opportunity for traders to ride the bullish wave.
CHOLAMANDALAM (CholaFin) Chart Analysis
As per Elliott Wave analysis, CholaFin is still bullish. The price reversed after a strong bullish divergence in the MACD and has completed the subwaves of Wave 2 of Wave 3. Currently, it is moving up in Wave 3 of Wave 3.
Use Ichimoku for entry & exits (Daily time frame):
Entry Point: Look for a good dip to enter and...
As per chart CHOLAFIN taken very good support and any close above 1100 will show more strength to this stock.
So keep on eyes for 1100 if break and sustain we can see 1150 .
Pattern is weak below 1050 .
Always wait for levels to active
Cholamandalam Investment and Finance Company Limited (CHOLAFIN) is engaged in providing vehicle finance, home loans, and loans against property. The analysis below combines technical indicators and fundamental aspects to provide a comprehensive view.
Shareholding Pattern:
Total Shareholders: 1,46,815
Promoters: 51.43%
FIIs: 21.51%
DIIs: 20.04%
Public: 7.03%
The...
As we can see the bullish reveral as per channel pattern consideration we can plan long trade.
Entry = 1147
Target = 1172, 1192, 1220, 1264
Stoploss = 1120
Disclaimer : Only for educational purpose, trade at your own risk.
#CHOLAFIN trading above Resistance of 1111
Next Resistance is at 1231
Support is at 855
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
CHOLAFIN:- Wait for the breakout, if the breakout is sustained then we may see upside movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know...
"Delivery Idea 14-07-23
CHOLAFIN (CMP: 1167.2)
Buy Price: 1165
SL Below: 1100
Target: 1295"
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Disclaimer: Content shared on or through our digital media channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or...
📊 Script: CHOLAFIN
Key highlights: 💡⚡
📈 On 1 Hour Time Frame Stock Showing Breakout of Bullish Flag Pattern.
📈 Strong Bullish Engulfing Candlestick Form on this timeframe.
📈It can give movement upto Breakout targets of 858, 915 and Final 972+.
📈 Can Go Long in this stock by placing stop loss Below 815 or last swing low.
Cholafin has given a good breakout on closing basis in weekly time frame, where it was consolidating for last few weeks in a range. It looks like has potential to move further up and make new highs
#CHOLAFIN trading above Resistance of 966
Next Resistance is at 1111
Support is at 797
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
What a bearish setup this is that I spotted, Trust me.. These are the setups that I would Rank A.
Recommend you guys to stay light or not at all on bullish tone.
CHOLAFIN breaksout of a long term consolidation. Good time to enter 1 tranche and wait for taking out today's high to enter the next tranche.
R:R - ATR - 2:4
