CHOLAFIN
CHOLAFIN Channel Breakout LongChannel Breakout Long
All Levels Mentioned On Chart
How to trade the setup?
When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict
T1 : is Target 1
T2 : is Target 2
When you achieve your first target, book profits of 50%
and shift the stops to the cost
The term Catastrophe Stop, is a maximum movement of price that can happen in opposite direction of trade
so that the setup remains valid, Its basically used, to give some breathing space to the trade,
I may call for a recovery if the setup becomes invalid as the market progress.
As we all know anything can happen in the market and we should respect that
The Idea is for Educational purpose only
At Last, do your own analysis, before trading your money!
CHOLAFIN TRADE SETUP FOR TOMORROWCholafin made trendline and then in September stock touched the 623 level and stock reversed from the level,
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Stock made cup pattern till now now the time is make a handle pattern so for tomorrow,
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If stock goes down 610 and then reverse you can make the position in this stock for the target of 640.
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What's your view on this comment below in the box.
CHOLAFIN Trade Setup For Long PositionCHOLAFIN share is consolidating between 560-580 from so many days,
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Share has given the breakout of 579 and then took a correction now it is consolidating.
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So for tomorrow, there is a very simple setup if stock open flat and goes above 579,
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We will buy this trade target is 595, this is not the intraday targets it is Swing target's.
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What's your view on this comment below in the box.
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Don't forget to like the idea.
CHOLAFIN: If it is true Bullish reversal pattern then lets enterHello Traders!
The candle has been so strong upright after continued bearishness.
If it sustains above 524.30, Take an entry around 530-533 on pullbacks from 541. And then target 572 as the first target, and trail the SL post that. When taking entry the SL would be 514.
Happy Trading!
CHOLAFINCHOLAFIN has fallen considerably and now it's range bound between 500 and 590. It is currently hovering near it's demand zone . From the low of 501 it's now forming higher high's . This could be an good swing trade . Range between 500 to 515 can be a good buy . It can give an good upside of 15% . Target price for cholafin would be 590-600 . It has also formed an good symmetric triangle pattern at 1 hr timeframe .