CHOLAFIN trade ideas
Chola Fin : Clear Breakout in Chola FinBullish Flag breakout visible in Chola Fin on daily chart, Target 1700, 1750, SL 1580
Bullish Flag breakout on daily charts seen in Chola Fin.Chola Fin seems to have given a bullish flag breakout, can expect higher levels of 1700 and 1750 levels in short term.
CholaFin | One Down SwingCholaFin can be shorted at 1610 level with SL and Target as shown in Chart for Safe Traders.
Should we fill Jhola from Profits of Chola...?My Disclaimer -
I am neither professional nor a registered analyst with SEBI or any other body, I read price and time charts for my own study and may or may not take any position on any of them.
If I share my study with you, it is purely for Study purpose, and any Profit/ Losses arising out of anyone taking any position shall be at their sole risk and responsibility and I or anyone associated with me shall not be responsible for any instances whatsoever.
Trading or investments are financial decision and should be taken in light of all risk involved and on advise of a qualified, certified and registered professional advisers.
Please do not TRADE until you have made your study or taken a piece of advise.
Thanks.
#CHOLAFINRetracing from near 38.2 Fibo level
caused by CCI (HTF)>100
Target 1628 / 1712
SL Breakdown from the Support Zone
CHOLAFINall time high, retest may be done, ones retest happens, buy above the new high. my thought
by the way MACD is positive on daily chart
control your losses
CHOLAFIN "15Min" Make or Break 15/12/17Explained in chart....
Disclaimer:
All my post are for educational purpose,non-advisory & non-directional....
Bull run on CholafinTrade - Day Trading
Position - Long
Entry - 1304
Targets - 1314 / 1324
Stop Loss - 1290
CholaFin - At Resistance.Fallen From Resistance Level.
Can Correct Further.
Other Details Mentioned in Chart.
I am not SEBI Registered Financial Advisor.
Chola Finance - Ascending triangle & one year range break outNSE:CHOLAFIN has broken above the one year range & the ascending triangle setup. Go long above 1264.10
T1 - 1306.20
T2 - 1368.80
SL - 1195
CHOLAFIN Channel BreakoutCHOLAFIN is moving in the channel for a while, currently in the breakout/reversal zone
After a huge leg up yesterday, it may flag and break.
CHOLAFINPositional call : Accumulate between 1165 - 1200. Target 1500. Stop loss 1110 (closing basis)
long on Pull back I am looking to Go long on Pull back to 1156/1159 with stop 1124 For Target of 1219
Regards
#CHOLAFIN - Ascending Triangle on Weekly ChartWatchout for ascending triangle breakout on weekly chart
CHOLAFIN breakout ZoneCHOLAFIN has been moving up in a channel for six months now.
Entering the orange Resistance zone of the Lifetime high values.
Also its a channel breakout/reversal zone.
Lets see if it can break the channel and move atleast lifetime high of 1243, further breaking out of 1243 or reversingfrom there.
CHOLAFIN : Interesting chart1. Trading in a channel
2. Strong resistance at 1138-1149
3. Ascending, tomorrow's candle will be decisive about whether it will go up to retest resistance or go down to retest channel line.
Lets see where this goes to. One can employ a option strategy over this, to obtain good returns.
CholaFin : Can we get some Money ?This is one of those charts loaded with most of things we use. Just take a look above on Cholafin chart, You can see
*Double Top on Hourly & 4 Hour +
*Potential Harmonic Pattern +
*Strong 4 Hour Resistance zone +
* Triangle Pattern ( probably yet to complete fully) with expected breakout to downside as we have resistance above.
i ) I feel price will get back into triangle for time being then downside but anyway marked both moves on chart.
ii) Only aggressive traders can take this breakout which happened now, others lets wait for the triangle to complete or Retest of triangle lower trendline then down
!!!) Aim for 1090's-95's as Target zone
iv) On valid trade setups, you can trade internal swings of triangle for Intraday
So All this will make it winning trade ??? I repeat, it increases our confidence & gives out probable Direction, No assurance to be winner.
All the Best !
Cholafin-Breaking out of the symmetrical triangle Cholafin- weekly price pattern breaking out of the symmetrical triangle pattern on the upside,with a white candle of long buying tail. Can it be longed for a
Target 1:1190
Target 2:1240
Stop loss 1115
Thanks and regards
Cholamandalam finance breakout It is going to make a range breakout and ascending triangle breakout at the same time .
