cholafinsell

piyushbafna000

What 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.

PrashantBhiwaniwala

Cholamandalam Finance & Investment Company Ltd - 11.02.2022 The stock is trading @ 680 levels There is a SPINNING TOP & DOJI in Daily Chart The prices are above EMA There is a MACD Bearish Divergence in Daily Chart There is a RSI Bearish Divergence in Daily Chart Let the prices go below 671, one can initiate a sell position with support @ 684.40 Watch out...

TheCharts_

CHOLAFIN 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.

BhajanPreet_Singh

Cholafin descending Triangle Pattern

GreenBullsNRedBears

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!!

KeepItSimpleStupidAnalysis Updated 

Target:- 205 SELL at 260 since it is at critical Fibonacci level i.e 61% level will go down till 38% fib level

Retailer_ki_dost Updated 

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

Stock_Yard Updated 

Everything mentioned in chart

kalyanganguly

Note: This is for educational purpose only. There seems to be a bearish RSI divergence where price makes higher highs but RSI is contradicting. Moreover, there is a shooting star on hourly chart.

KapoorChandra

Price already rejected this level main times and it will do it again probably. And Stoch is also over 80. So strong SELL signal