Test book example of triangle formationlets price decide which side to go and decide your direction..
Please comment your view..
CHOLAFIN trade ideas
Cholafin will fall upto 530 levels cmp 549Traingle breakdown in Cholafin will lead to further fall upto 530 levels
check for a breakoutcholafin is in a tight range for symmetrical pattern id any side of break can give good move
Triangle and Ascending triangleNSE:CHOLAFIN
Notes:
Consolidation into both triangle patters started April 12th.
A breakout can be confirmed if the day candle manages to close above 588.
Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
CHOLAFIN Buy above 570
for 585/590/600 for short term and long term goals can give up to 650 targets.
Stop-loss - Keep accumulating at bottoms.
The chart forams a strong bullish Elliot wave.
[POITIONAL] CHOLAFIN: Neckline Support As per charts.
Wait or better R:r.
Follow strict Sl.
DD Advised.
Chola invest finance looking for breakoutbuy it after retest as in arrow trgt-600-610++ buy it at 578 after retest for confirmation this is another of my gladiator pics. see my ksb industry idea below foe more detail about gladiator stock.
CHOLAFIN INVERTED H&S PATTERN Cholafin forming H&S pattern as well as forming symmetrical triangle. take a trade after breakout
