CHOLAMANDALAM INV NSE:​CHOLAFIN

found support twice at important support level of 1273 may retest it or if opens higher than previous high so long

Long CholaFin

1) sell near 1510-1530 for target of 1400,1350,1300 2) Sell below 1375 for target of 1300 , 1250

Sell below 1456 with the stop loss of 1466. Targets are 1444, 1432 and 1420.

COMPANY DECIDED TO ADD 300K SHARES TO THIS FINANCE SEGMENT HAS BEEN CONSOLIDATING BUY ABOVE 1337 TARGET 1350-1360

CHOLAFIN

Wave theory, Hidden Bullish Divergence

Buy with a stop loss as mentioned in charts.

Cholamandalam inv- Cmp-1389, May test 1350.1350 is gud support area horizontal and trend line.

CholaFin may Reverse from here. SL can be yesterday's low.

the stock is going for a 1month time frame pullback-refer to chart for target and SL

took support at 200 dma and formed a base now breaking trendline can easily hit 1600

Enter Long in Cholafin above 1501 Target - 1509, 1513, 1521 & 1535 Sl - 1489

Cholafin - S/R zone + channel It has formed a swing low inside channel a S/R zone Can be a good long candidate

BTST IN CHOLAFIN SEPTEMBER FUTURES WILL TEST THE DOWNWARD SLOPLING TRENDLINE MACD GAINING POSITIVE MOMENTUM BUY@1478 STOP@1463 TARGET@1498 LOT:500 QTY:1

After a heavy volume selling, volume is seen decreasing with a rising wedge/rising channel. This shows probable consolidation before the selling trend resumption! There is also a near bearish engulfing pattern seen the day before!

With a good compression pattern in the daily charts, this stock may give a big breakout to 1625 levels. With a fresh bullish indication we can witness a breakout. A close above 1490 should trigger a breakout with volume pickup

SWING TRADE IN CHOLA FIN CHANNEL TRADE AUGUST FUTURES BUY@1485 STOP@1477.5 TARGET@1500 LOT:500 QTY:2