CHOLAFIN
📊 #chilafin At Harmonic PRZNSE:CHOLAFIN
If u follow me since long then you must know now that Harmonic is all about reversal trading strategy and by help of this strategy you can find most accurate top and bottoms of any swing on ant time frame. and if you follow me since long then you must even know that we have shared many mind-blowing swing trades.
And as I said Harmonic is purely reversal trading strategy so you should have knowledge of reversal trading if you wanna trade on our Harmonic charts.
some times we might not get reversal at PRZ levels as you know there is no 100% strategy in Stock market but at that time you have to follow proper risk management and positioning and sizing so you can save your hard earned money from major losses.
To trade on this chart you must have knowledge of perfect reversal then only trade on our charts else take just take this chart as educational purpose only.
as we can see in chart that there are two harmonic patterns are there. and here we have to follow closing basis stop loss of second pattern.
so if we consider all PRZ here then from 507 to 491 Zone is your reversal zone her and if find reversal in this zone then one can trade with given stop loss which comes at 482 Closing Basis.
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Take charge of your own Trades.
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******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Triangle and Ascending triangleNSE:CHOLAFIN
Notes:
Consolidation into both triangle patters started April 12th.
A breakout can be confirmed if the day candle manages to close above 588.
Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
CHOLAFIN Buy above 570
for 585/590/600 for short term and long term goals can give up to 650 targets.
Stop-loss - Keep accumulating at bottoms.
The chart forams a strong bullish Elliot wave.
#TFCILTD CMP75.55 #Target 108.85 #ITDC #IRCTC #SBICARD #PFC #REC#TFCILTD
NSE: TFCILTD
Long Term Investment
CMP 75.55
Target : 108.85
SL : 67
Timeframe < 60 Days
Can hold for longer time
Factors:
Trend Following
Inverted Head & Shoulder Pattern.
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
[POITIONAL] CHOLAFIN: Neckline Support As per charts.
Wait or better R:r.
Follow strict Sl.
DD Advised.
Chola Fin Buy above 560 - 15 min candle closing basis (Intraday Chola Fin Buy above 560 - 15 min candle closing basis (Intraday Trade)
Target 570- 575-580-590-600+
SL Below 550 - 15 min candle closing basis
Adjust fut levels as per this (All given Levels are cash levels)
Chola fin CE Buy above 25 for Target 30-35-40-45-50
SL below 18
🔰 CholaFin | Amazing Parallel channel🔰 MY thought process :
⭐Amazing channel pattern, as historic data says: it comes to this trend line ( supportive one ) takes support and goes back to top one :)
⭐Buy low - Sell high type strategy it is :) well if it breakouts the channel that's a bonus:: hold a little more :)
⭐Risk: below the previous candle low and TGT 1 can be top of the channel.
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
Also keeping an eye on JSW steel too seems bullish to me :) , All the analysis already posted :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
CHOLAFIN INVERTED HEAD AND SHOULDERSON 1 DAY CHART OF CHOLAFIN I SEE AN INVERTED HEAD AND SHOULDER PATTERN WHICH MEANS IT WILL BREAK OUT SOON.
CHOLAMANDALAM INVCholamandalam Inv looking good to buy with Stoploss of close below 522.75
All the key levels are mentioned on Chart along with stoploss and Targets.
BOLLINGER
RSI BREAKOUT
ADX AND DMI TREND
MACD
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Please consult your financial advisor before trading or investing
Cholafin - Falling wedge patternPrice formed falling wedge pattern and it is expected to break on Monday.
cholafin - Nearing supportPrice nearing support and one can confirm this with lower time frame some patterns.
Chola Fin Shorttrendline breakdown with -ve rsi diversion with bearish pana wala candle formation closing required below 530 for positional short. t1 500/t2-480 SL todays high
Chola Fin - Intraday Set up 1 Stock has come back to its 100 EMA. Structure is already provided for reference along with S&R LEVELS
The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
LONG or SHORTLooking at price action :
it conveys to go long
but it will also depend on earnings in comming day
Risky trade
I am bullish!!!
