CHOLAFIN Target 815CHOLAFIN crossed the primary trend two times. Weekly closing is also very good above the trend. Target 815
CHOLAFIN trade ideas
Analysis: Resistance Zone in CHOLAFINAnalysis :
- The stock at resistance zone as mentioned through blue trendline in chart.
- It will be a good opportunity for long or short trade as significant volume observed today but with RSI divergence of HH-LL, dicey situation.
- Other factor are price above all moving key average.
Trade Idea :
a) Long : Trendline with volume b) Short : Entry will be violation of EMA 21 i.e. Rs 655
Target and Stop Loss as price action and risk management.
Disclaimer : The market is violate, trade cautiously with proper risk management
RSI divergence of HH-LL
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #ShortsetupCHOLAMANDALAM INV
SELL / Short below 590 levels for targets of 550 / 520 /500
SL would be 650 on a Daily Closing basis.
Note:-
In case of Gap Up or Gap Down; avoid above setup.
Above levels for education purposes only.
Do your own analysis before taking any trade.
[Positional] Chola Rising Wedge Break BetI am not taking this trade. So I did this drawing to showcase a discussing I was having at some place.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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CHOLAFIN 700+ WATCH BREAKOUT LONG 800+ 15% MOVENSE:CHOLAFIN
Trade Logic | BREAKOUT LONG STOCK WATCH SUPPORT STOP BELOW 20 DMA
Entry 708+
Stop 642
Target 820+
RR 2.0+ 2nd Target Open
Details on chart as always
1 FREE trade idea Daily/Weekly.
Trade Size 5%- 10% Max
Max Trades 10-20/ Month
Time Frame 1 WEEK - 1 MONTH. Max
Diversify Bet Small Lose less. | Our Motto.
#TRADEWORLD | #MARKET_MAGIC
----**All Stocks Shared are in My Personal Trade Portfolio***----
TEST FIRST / THEN TRADE
CHOLA INVChart is looking good.
Keep an eye
Keep in watchlist
WAIT FOR NEXT CANDLE TO CLOSE As market is in bear mode.
Chola Inv - High Relative strengthOn the back of super numbers this is one of the vv few stocks which has held up amazingly well during this correction.
Stock had a box breakout and now during this correction a retest and is trying to break back into fresh highs.
Long at current price. Stoploss below 644.
Chola FinanceCup and handle with with such a tight handle in this volatile market.
New RS high
only formed 1 base as of now.
No Recommendation.
Cholamandalam Investment & Finance Company Ltd - 11.02.2022Cholamandalam Finance & Investment Company Ltd - 11.02.2022
The stock is trading @ 680 levels
There is a SPINNING TOP & DOJI in Daily Chart
The prices are above EMA
There is a MACD Bearish Divergence in Daily Chart
There is a RSI Bearish Divergence in Daily Chart
Let the prices go below 671, one can initiate a sell position with support @ 684.40
Watch out for the price action
Chola Finance 100% Positive Breakout Buy hi guys ,
Chola finance is clearly breakout of resistance of 668 , so Buy in current level - 681 level and Target is 735 - 740 .
please comment on this idea what is your opinion .
CholaFin - ATH - Support and Resistance ZoneNSE:CHOLAFIN Sets an ATH.
Now it's trading in Resistance Zone.
It forms good bullish candle set an all time high.
But in Monday, It has formed huge bearish candle from the top.
Wait for the direction confirmation.
Cholamandalam Investment ( Inverted Head And Shoulder)Cholamandalam Investment has formed a good Inverted Head And Shoulder pattern with good volumes. The stock is also moving in all time zone so it can be bullish. I expect a breakout and then a retest. You can add with small quantity at breakout and remaining after retest as usual.
Cholamandalam - Beautiful CUP & Handle BODetails explained on Chart.
Good For intraday as well.
Simple analysis for learning and growing.
Only for Educational Purpose. Consult your Advisor before any investments.
CHOLAFIN Long idea (Intraday)Price is giving breakout of sideways structure. Crossing 680 level can be a good upside move for intraday
CHOLAFIN CHOLAFIN this stcok is move in cup and handle pattern and this is the breakout pattern so entry now and target is long for short term in 1D time frame
CHOLAFIN bullish Target 715CHOLAFIN monthly weekly trend cross. Bullish from the all-time high. Target 715
Cholamandalam Breakout at All Time HighCholamandalam has given a big breakout above all time high and should be an easy pick giving 20% plus returns in the coming trading sessions. Stop Loss at 660
Cup & Handle Breakout for more than 5%DON'T HAVE TIME TO MANAGE YOUR TRADES? | Cup & Handle Breakout in CHOLAFIN
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Buy Today, Sell Tomorrow: CHOLAFIN for more than 5%
Second Base BO Continuation of trend is very strongSecond Base BO Continuation of trend is very strong.
Added more here
