Cholafin long view (buy)As we can see the bullish reveral as per channel pattern consideration we can plan long trade.
Entry = 1147
Target = 1172, 1192, 1220, 1264
Stoploss = 1120
Disclaimer : Only for educational purpose, trade at your own risk.
Cholafinbuy
Cholamandalam Investment and Fin Co Ltd - CHOLAFINWhat a bearish setup this is that I spotted, Trust me.. These are the setups that I would Rank A.
Recommend you guys to stay light or not at all on bullish tone.
Chola Finance Analysis !! Broke Out.📈 CholaFin 📉
This broke out from a resistance zone 690-700 on closing basis after testing three times.
On Buy Side I am looking for Targets of 800 - 820 zone.
Target Calculation = 2*(Resistance Level - Last swing low)
StopLoss should be kept in 680-690 zone.
It offers 1:3 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
CHOLAFIN TF: 15MinCHOLAFIN TF: 15Min
- Declining from Daily Resistance
- Wait for Breakout before entering any side.
I am not SEBI registered, this post is just for education only.
Chola Fin Buy above 560 - 15 min candle closing basis (Intraday 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
CHOLAFIN INVERTED HEAD AND SHOULDERSON 1 DAY CHART OF CHOLAFIN I SEE AN INVERTED HEAD AND SHOULDER PATTERN WHICH MEANS IT WILL BREAK OUT SOON.
CHOLAFINGood for buying above 535 all support and resistance and target given in the chart for learning and educational purpose.
CHOLAFIN - Build up near resistanceNote: 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₹
CHOLAFIN - Ascending Triangle bullish breakoutNote: This is for educational purpose only.
There seems to be a ascending triangle bullish breakout with high volume. Previous support has turned resistance. Moreover, RSI above 65 indicates bullish momentum.
Cholamandalam InvestmentCHOLAFIN For :- (Intraday & Swing)
Look For BuY (After Pennant Breakout)
Why 🤔 :- Closed Above 200DMA & 20DMA, Inverted Head & Shoulders Pattern, Fib Retracement (Target's), Above Short Term Support.
Buy Zone :- 240 or Above
SL :- 226-227
Target's 👇
1st = 245.80
2nd = 249.85
3rd = 256.45
4th = 267.10 (If Holding)
Keep Your Eyes On Index
(Risk Must Be Managed.)
Give Me A Thumbs Up...👍
😜Follow For More ✔
--Any Suggestions--
Strong close above the resistance - 2nd chancePrice took support from the parallel channel bottom which is 215 levels and now trading at the middle of the channel closing above the previous resistance with strong close ( without wick ).
Today's last 4 hr candle indicates the buying pressure of the stock, long wick at the bottom and strong close at the top. This would be the 2nd chance for the traders and the channel top is the target for this entry.
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 !!!!
CHOLAFIN - Bullish BreakoutNOTE: This is for educational purpose only.
My previous view of CholaFin was wrong . Fresh view is a proper bullish breakout with hike in buying volume. When there is a breakout with high volume, usually it is not a false breakout. This seems to break 185 levels as well.
CHOLA Finance Trading Setup (High Possibility)Looks like a very interesting pattern. Finding a Reverse Head and Shoulder Pattern at the bottom of a down trend is highly successful.
