analysis mentioned on the chart.
CHOLAFIN Take support at Important trend line and also try to break important resistance of level 228 so if break this level and sustain then we can add in over Buy watchlist. Entry Price: 228 Stop loss:206 Target:260 DISCLAIMER : This recommendation is for educational purpose only, consult with your investment advisor before initiating any trade.
DOUBLE DOJI FORMATION IN SUPPORTAREA INDICATINGLACK OF SELLERS.BUY TRADE CAN BE INITIATED FROM HERE
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...
Target:- 205 SELL at 260 since it is at critical Fibonacci level i.e 61% level will go down till 38% fib level
Cholafin 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.
Chola 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 given break out zone today one can invest at current price with immediate target for 240/-
BTST TRADE IN CHOLA FIN BUY@205 STOP@197 TARGET@214
DISCLAIMER: This is one of my personal view and not a recommendation. If CHOLAFIN moves above 165, (which it was trying to break since one month) 166 would be a good entry for intraday trading. Also set 176 for a safe exit.
Chola Fin is making higher high's from past 4 trading sessions from bottom levels. Considering market trend, an consider for short term long position. Above 155 - > target 166 / 183 Pls add to watch list
INTRADAY TRADE IN CHOLA FIN BUY@156 STOP@153 TARGET-1@158 TARGET-2@160.75 TARGET-3@165 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!!
INTRADAY TRADE IN CHOLA FIN BUY@138 STOP@135 TARGET@143 QTY=2500(CASH) !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!! !!intra-day ideas series everday at between 9:30 to 10:30!!
Looks like a very interesting pattern. Finding a Reverse Head and Shoulder Pattern at the bottom of a down trend is highly successful.