Chola Fin co., Looking good ; min 20% Roi ; swingFor short term investment ;
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Wait for small retracement & daily candle to close above - "1260".
Trade carefully untill ENTRY level.
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Entry: 1260
Target: 1430-1560
sl: 1199
major stoploss/ support: 1190
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Enter only if market Breaks
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updates👍
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Refer old posted idea attached below.
Cholamandalaminvestmentfinance
Cholamandalam Investment cmp 1343.05 by Weekly Chart viewCholamandalam Investment cmp 1343.05 by Weekly Chart view
- Price Band 1175 to 1215 Support Zone
- Price sustaining along Rising Support Trendline
- Price in attempt to sustain above Falling Resistance Trendline
- Volumes are spurting over past few days and sustaining above avg traded quantity
- Stock Price is hovering in sync with EMA 21 and decently placed above EMA 50, 100, 200
- Weekly Support seen at 1215 > 1101 > 990 with Resistance seen at 1452 > 1556 > ATH 1652
Cholamandalam Investment cmp 1490.00 by Weekly Chart viewCholamandalam Investment cmp 1490.00 by Weekly Chart view
- Support Zone 1250 to 1310 Price Band
- Price well above EMA 21 > 50 > 100 > 200
- Volumes are pretty steady and stable over the past few weeks
- Weekly basis Support at 1355 > 1220 > 1065 Resistance only at the ATH 1652
- Price traversing majorly within the Rising Parallel Price Channel by steady Volumes