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
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
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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
CHOLAFIN CONSOLIDATION CHOLAFIN is consolidating between 525 and 535. consolidation can be expected to last for a few sessions. the stock has seen a fantastic run in the past few months, such consolidation is normal. Overall momentum is bullish on this stock.
PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen interest in the Stock Market during the lockdown. Please do share your views, I am still learning.