CHOLAFIN
Buy Chola Fina swing tradeBuy chola Fin above the level of 233 for the next target level of 245-250 . Support respected @ level of 225. Take entry after the BO of TL.
Good buying candidate. This is for your educational purpose.
cholafin consolidating for a breakoutA minor fibonacci retracement mai come then a breakout
BUY CHOLAFIN BETWEEN THE RANGE OF 218 to 235
NEXT TESTING PRICE 245,260
CHOLAFIN is Making Making Ascending Triangle Pattern (Breakout)Cholamandalam Investment and Fin Co Ltd ( NSE:CHOLAFIN ) is Making Ascending Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for intraday traders.
Target + Stop Loss: There is no target here. You keep the first target as much as the stoploss you put. And the stoploss will be the low/high of the candle that broke this pattern. Or low/high swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your stoploss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your stoploss above the last swing low/high.
Target and stoploss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, stoploss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
Kruti Di Experiment 1 with CholaChola is getting into a triangle pattern ! On the verge of a immediate resistance. Options data suggest that call writing is happening ! Futures Data suggest that price has declined but Futures OI hasn't decreased relatively !
CHOLAFIN Fibonnaci SHORT, 20% returnTarget:- 205
SELL at 260
since it is at critical Fibonacci level i.e 61% level
will go down till 38% fib level
Bearish CraB - CHOLAFINDisclaimer: I am not a SEBI Registered Analyst. This is for educational purpose and my personal view. Please take position after consulting your advisor.
NSE:CHOLAFIN
CHOLAFIN LOOKING GOOD FOR INTRADAY/SWING BUYCholafin is looking good on charts. It has been trading in raising channel, yesterday it closed at the top of the channel. 225 was resistance which also broken with volume. Buy if breaks and sustain above the PDH.
Cholamandalam FinanceChola Fin has formed a bear piercing candle at the resistance. If today it breaches the last green candle's low and sustains, more fall may happen
#CHOLAFIN - 4 hour chart bullishCHOLAFIN - Bullish setup
4 hour chart analysis
Harmonics Pattern
Hope my Chart Helps !!!!
Cholamandalam Finance - Short for a target of 189.50Date- 02 Aug 2020
Cholamandlam Finance (CMP 202.50)
Double Bottom Pattern. Also Max OI addition is at 180 strike price (1.60 lacs OI added in just 1 day). It shows where the under current is building up in the stock.
Target - 189.50
T1- 198, T2- 193.50, T3- 189.50; SL- 207
Once the stock price moves below 190 then new opportunities will open for 180 level. Will review the stock price below 190.
CHOLAFIN ELLIOTE WAVE SETUP !Hello! Friends,
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As you see in the chart the impulsive wave ( 1,2,3,4,5 ) completed and price shifted toward corrective wave A, B and C
The cholaFin consolidate between same area from few days and last day its gives a fake breakout.
stocks looks bearish toward 200-190 Sl 225
If you are doing option trading then you can Hedge your position by selling
-1x 27AUG2020 205CE - ₹ 21.4
-1x 27AUG2020 190PE - ₹ 8.9
Thanks
Cholafin - Evening Star + Fib retracement Short below 211 for 207, 205, 203, 201 with SL at 214.5
Risk averse may want to enter below 207.
Chola finance is on bullish mode On daily chart of Cholafin is on bullish mode & trading above the 20 EMA Level . RSI level is also above 60 which is again the sign of strength. Now above 224 after the BO as marked will take long entry for the next target level of 235 - 240. So add the stock in your watch list & see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
CHOLAFIN LONG !CHOLAFIN given break out zone today one can invest at current price with immediate target for 240/-
Cholamandalam - Build up near resistanceNote: This is for educational purpose only.
There is a strong build up near resistance for the last 20 days or so. RSI is above 60 which indicates strong bullish momentum.
CHOLAFIN MAKE OR BREAK ZONECHOLAFIN IS NEAR 38.2% RETRACEMENT LEVEL FROM ITS HIGHS OF 348 BREAKING OF 216 ON CLOSING BASIS CAN LEAD ITS REALLY TO 235-40 ELSE IF 194 BREAKS ON CLOSING BASIS WE MAY SEE 175-70 LEVELS SIMPLE AS THAT...
