CHOLAHLDNG:- Stock has given breakout, keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades...
Stock Name - Cholamandalam Financial Holdings Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 715
#This is not Buy and Sell recommendation to any one. This...
CHOLAHLDNG -- Crossing Wedge & closing strong on the higher side.
High Probability - will cross the Previous Monthly high and move to HIgher Highs.
Based on Harmonic pattern forming - possibly touch 710 levels.
Add to watch list .. possible to risky trade.
📈 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...
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
NSE:CHOLAHLDNG
CHOLAHLDNG - On the verge of Breakout
Its on the upper end of the Channel and Breakout above 710 will have up move
T1 - 766
SL - 675.
Disclaimer : Its not a recommendation
#TFCILTD
NSE: TFCILTD
Long Term Investment
CMP 75.55
Target : 108.85
SL : 67
Timeframe < 60 Days
Can hold for longer time
Factors:
Trend Following
Inverted Head & Shoulder Pattern.
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE...
BUYING WITH GOOD VOLUMES HAS BEEN SEEN IN THE PREVIOUS TRADING SESSIONS. LOOK FOR A BUYING OPPORTUNITY IF IT CROSSES 615 LEVELS WITH GOOD VOLUMES. STOP LOSS 595. AN IMMEDIATE TARGET OF 630 CAN BE SEEN. 615-620 IS A STRONG RESISTANCE LEVEL IN THE WEEKLY TIME FRAME AS WELL.
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
