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CHOLAFIN

CNXFINANCE - BULLISH TRENDBREAKOUT FOLLOWED BY RETRACEMENT IS THE BEST PATTERN TO TRADE ON Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational purposes only. always follow risk-reward and quantity management for the 100% of the times The above mentioned idea may not work, so beware of the risk you are taking Follow me to Learn and Earn with me. Happy Trading!!
NSE:CNXFINANCELong
by FAHEEMSAM
Stock Analysis of Chola FinancePrice - ₹253.75 Dt. - 10-10-2020 Price takes the support of 21DEMA and 50DEMA. price is also moving in a range. It looks like the price will further go down till the trendline or 50DEMA before moving up. If the stock starts falling in the next trading session then to wait till it takes to support and starts moving back. If the stock moves upward and breaks the horizontal line which is placed at ₹264.60 than to wait till it takes the support of the blue line. RSI is neutral.
NSE:CHOLAFIN
by mr-sky