CHOLAFIN - looking good for a rally after consolidation CHOLAFIN - Looking good for a rally. 730 is the key. If it sustains , it can start moving up again after some consolidation
CHOLAFIN trade ideas
Cholamandalam Invst Cmp 729 dated 1-12-2022 Triangle BOCholamandalam Inv Cmp 729 dated 1-12-2022
1. Previous day made Doji Candle & Today closed @
High of the Doji Candle. (Buy Signal)
2. Triangle BO @ 730
Buy above 730 for a target of 745-765-780
SL 705
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Just go with price actionHi this is my price action mark just trade with mkt. Open time and before 11.30. Am need more idea then join our wup group. Short mark in this chart
Cholamandalam Investment [CHOLAFIN] at Key weekly Reversal PointCHOLAFIN at Key Weekly Support Level
Check for Price action on Hourly & Daily time frame for long or short trade
Bullish Pennant pattern breakout in CHOLAFIN.CHOLAFIN
Key highlights: 💡⚡
📊 On 1D Time Frame Stock Showing Breakout of Bullish pennant Pattern .
📊Strong Bullish Candlestick Form on this timeframe.
📊It can give movement upto Breakout target of 935+.
📊Can Go Long in this stock by placing stop loss below 700-.
📊Breakout this can give risk:reward upto 1:7+.
Symmetrical triangle pattern breakout in CHOLAFIN.CHOLAFIN
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Breakout of symmetical triangle Pattern.
📈 Strong Bullish Candlestick Form on this timeframe.
📈It can give movement upto Breakout target of 865+.
📈 Can Go Long in this stock by placing stop loss below 705 or last swing low.
📈 Breakout this can give risk:reward upto 1:4+.
long long longbeautiful price action set up
waiting for breakout
1st tgt 756 and above on crossing it
disclaimer - trade @ own risk
Chola Finance SHORT, Rounding Top The Short Setup is as follows:
Elliot Wave Standing Point:
Rise from Covid Lows can be marked as a Diagonal in the form of ABCDE and Wave E just completed in September
For the Short Term as per Daily Time Frame, we can see the following Observations:
1) RSI gone below 40 ✅
2) ADX at 24 rising, DMI in Sell Mode ✅
3) Super Trend (10,3) gone in Sell Mode ✅
4) MACD in Sell Mode ✅
5) And Most Importantly there is a Classic ROUNDING TOP Pattern Breakdown ! where the Base has Low Volumes and the Breakdown is on High Volumes
Downside Target open to:
705 - 700 (as per Rounding Top Pattern)
Stop Loss:
Can be kept > 760
Since on Weekly Time Frame, it is a Diagonal as per EW Count, the Downside can exceed even further. So DO NOT Bottom fish
The Target of 705 - 700 is bare minimum expected (conservative case)
Chola Finanace (Sustaining to its support level)Hi guys, mentioned the levels for both intraday and swing. Good upside possible if sustains its support area with good volumes.
trade setup for the stock = this stock is expected to touch the REWARD level as shown in chart - in 1 hour timeframe.
trade setup for the stock = cholafinthis stock is expected to touch the REWARD level as shown in chart - in 1 hour timeframe.
Chola Finance Can you sell it ? 🤔Hey, do you like profit then your search is ending now
Today we are having
NSE: CHOLAFIN
We have already seen that the chart is showing us weakness in the past few days but the scallops patterns have occurred and now you could see a downside
What we have found by analyzing the chart
1. A Scallops pattern has occurred
2. The Chart Breaked a series of dojis and could be for selled for this week
3. It has left the 50 - day moving average a way too far
4. Time frame :- 1 Day
5. Like the Post and Follow us on Trading view
Comment Below If You want to ask me questions on this on any other idea
Have a Nice Day to you all
Made By MAYANKTECHRESEARCHING 🙏
We are not responsible for any profit or loss
Based on Your Own Risk this is only to show you what's going on
Cholamandalam: Rocket???Cholamandalam:
Retraced and Consolidating for now after ATH BO.
Buy above 787.90. Target of 10/20 points in volatile market. Intraday Trail 5 min candle for max returns.
This has got good potential if markets support
Disclaimer: I am not SEBI registered. DO contact your financial advisor before taking any trades.
CHOLAFIN #Watchlist
#CHOLAFIN (W):-CMP 783.7 Looks Good Above 790, CHOLAFIN Ready For Big Blast :)
#Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions.
#StockToWatch
CHOLAFIN long idea for intradayPrice is consolidating in a zone, breaking above 788 level can be a good upside. Break and retest will be safer entry.
Small trade opportunity in CHOLAFIN.Small trade opportunity in CHOLAFIN. As the market is highly volatile. Make sure to have the correct stop loss as the trade might get reversed immediately.
Target 1: 900
Stoploss: 730
Happy Trading!
cholamandalam investment; bullishcholamandalam investment; perfect rounding bottom breakout ; keep on radar; for short term one can take position
CHOLAFIN - Ichimoku Bullish Breakout Stock Name - Cholamandalam Investment And Finance Company Limited
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 770
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
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CHOLAFIN bullishCHOLAFIN bullish expect 27% upside, please find my view and before investing please do your own analysis this is for educational purpose only
Cholamandalam Investment and Finance CompanyCholamandalam Investment and Finance Company
Technical and fundamental look strong
CHOLAFIN - Triangle pattern breakdown at 620 levelsCHOLAFIN is at the verge of breaking Triangle pattern on the downside at 620 levels. It will be confirmed if we see an HRly candle close below 620 levels. Target would be 608, 592.
On the bigger timeframe (daily), if we see a daily/wkly candle close below 600 (huge support), then the stock can see more downside towards 490-480 levels.
Note: This is a fundamentally strong stock and any fall has been buy on dips most of the time, but if price shows weakness, downfall cannot be ignored.
