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.
CHOLAFIN trade ideas
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.
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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.
CHOLAFIN Cholafin- Price forming a Head and shoulder in daily chart, expecting a breakdown below 600.
CHOLAFIN ShortEntry price: 677.5
SL - 681
Target - 652
Note: View shared for educational purpose only. Conduct your due dilligence before making any trading/investment decisions.
CHOLAFIN : Bounce from support levelThe price was range bound, downward trend reversed from base level.
Multiple factor to accumulate for expected return of 15-20%.
Thanks
CHOLAFIN - LONG !NSE:CHOLAFIN
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio is 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose.
cholafin short tardecholafin is positionally short also in intraday can form a couble top tracking this calmly will short in intraday
CHOLAFIN ShortStock looks weak at the break of plotted level
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
CHOLAFIN SHortHead and Shoulder breakout expected all, critical support and resistance are identified (Amber) basis on the call and option data... Dont for get to look at Fibo (Customized) levels....
CHOLAMANDALAM INV --- INTRADAY SETUP -- 20/06/2022CHOLAMANDALAM INV- HOURLY CHART -- INTRADAY SETUP -- 20/06/2022
1. Trendline breakout candle seen at hourly chart last hourly candle
2. triangle formation breakout also seen at same candle
3. Histogram turn bullish
4 Intraday support 628-630 intraday resistance 650-655
5. trandline support at 625 so stop loss placed bellow trendline support at 621
BUY CHOLAMANDALAM INV between 635-642
TARGET 647-655-660
Stop loss 621
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk .!
HAPPY TRADING !
CHOLAMANDALAM INVESTMENTThis stock has broken down support trend line on daily chart along with good intensity of volume.
Stock is possibly forming a bearish head and shoulder pattern and currently, the neckline is at 603. close below 603 will confirm a head and shoulders breakdown which may the open the gates of 482 levels.
Also trend indicators like macd, rsi, rk momentum, rk mass psychological cloud, dmi and adx all are supporting same bearish bias, which increases our confidence to go short in this stock. Price is now trading below 20DMA and also below lower bollinger band which increases our negative bias as a momentum fall expected. The elliot wave structure suggests that the short to medium term uptrend has reversed because wave A was possibly a five wave decline, and corrective pullback wave B looks complete and now possibly wave C is unfolding. RK's momentum also given a sell signal.
If wave C is going to equal to wave A then 562 is minimum to go for, and if it goes 161.8% of wave A then we can see 482 levels ( head and shoulder pattern's size )
Breakdown with a good intensity of volume
Price also broken 20DMA and now trading below lower Bollinger Band
macd negative crossover on daily also below zero line
macd already running negative on weekly chart
RK's stop line along with mass psychological cloud suggesting to go short
RK's momentum sell activated on daily chart
rsi on daily downtick and below 40
dmi adx also negative on daily chart
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
CHOLAFIN - Chola can rally above 672CHOLAFIN - looking good for accumulation. Might rally above 672 provided market strength is there
CHOLA FIN (HOURLY)Once again in TRIANGLE PATTERN ...................but this time it is making pattern in HOURLY time frame chart. DISCLAIMER: Do your analysis also.
Chola Invest Ichimoku Bullish Breakout Stock Name - Cholamandalam Investment. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness.
More strength will be visible once it will sustain above 770. Worth to keep in watch list for coming days.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Please give a like, it motivates me to do analysis and do share our channel with your friends as well.
CHOLAFIN ATH breakoutCholafin made a new ath today with strong closing above the Triangle pattern upper TL. Swing traders can plan a trader in this with proper Risk Management.
CHOLAFIN cmp 746CHOLAFIN cmp 746
beautiful rising channel next move towards 800 zone
cmp 746
trend emerging now
fast move can happnen keep eye
