NSE: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...
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.
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
All levels are purely based on support and resistance, for educational purpose only.
CHOLAMANDALAM FINANCIAL HOLDINGS has had very strong buying pressure the last one week. We might see a breakout. After the breakout, buy after the next possible pullback or retest. Educational purpose only - trade at your own risk. Good luck.
ON 1 DAY CHART OF CHOLAFIN I SEE AN INVERTED HEAD AND SHOULDER PATTERN WHICH MEANS IT WILL BREAK OUT SOON.
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)...
Buy on breakout above 560 for Target 600 and more Stoplose 525 (R/R=1:2)
Good for buying above 535 all support and resistance and target given in the chart for learning and educational purpose.
CHOLAFIN long position might break the resistance level of 545. consolidation is seen between 525-535, it tried to break the zone but could not sustain it, the stock is following the trend line looks good for a break-out and long position.
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...
CHOLAFIN can give move on both side , so keep eye on it. Disclaimer - Only for educational purpose.
Note: This is for educational purpose only. There seems to be a build up near long term resistance/ supply zone which indicates loss of selling pressure. Moreover, there is an increase in volumes. RSI above 65 indicates bullish momentum. Buy above: 575₹ SL: 509₹
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On the 30 min timeframe, Cholamandalam Finance seems to be on the verge of a breakdown if it is able to break down the level of 362!! The OI data also indicates Short Buildup!! Once it breaks the level, the first expected stop will be 350, then 340, then 330 and the final target expected is 310 odd!! Cheers!!
Cholamandalam Investment and Finance Company