CHOLAFIN trade ideas
cholafin ready to move consolidation finished with rounding pattern and 61% level fibnocci support
this is sign of bullish movement
it fufills every criteria
1. 61level support
2. consolidation done
3.
[POSITIONAL] CHOLAFIN: Breakout Bet.CHOLAFIN breakout. Although it is forming a Gravestone Doji, no short as preceding consolidation is sticking.
As per charts. Sl will be Doji's low if it doesn't break first.
DD Advised.
Chola finance Good long candidateChola fin spot cmp 488
bullish wolf wave and bullish deep crab pattern formation
good bullish hourly candle formation seen after selling pressure,,
good long candidate around current levels
CHOLAFIN intraday trade idea for 19th Jul#cholafin entry and exit levels on the chart (refer black/blue lines). Place SL@0.5% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter.
CHOLAFINCHOLAFIN has fallen considerably and now it's range bound between 500 and 590. It is currently hovering near it's demand zone . From the low of 501 it's now forming higher high's . This could be an good swing trade . Range between 500 to 515 can be a good buy . It can give an good upside of 15% . Target price for cholafin would be 590-600 . It has also formed an good symmetric triangle pattern at 1 hr timeframe .
cholafin inverted cup , this move has
repeated and give double
the height of cup
i have found 3 times (in weekly chart)
same this happen in this stock
CHOLAMANDALAM INVESTMENT--> On important supportThe above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
CHOLAFIN TIME WISE CORRECTION AFTER CLEAR UPTREND.
CURRENTLY MARKET AT SUPPORT VERY HIGH
CHANCE FOR BOUNCE IF HOLD BETWEEN 500-510
WE CAN EXPECT TARGET OF 565.
