CHOLAFIN INVERTED HEAD AND SHOULDERSON 1 DAY CHART OF CHOLAFIN I SEE AN INVERTED HEAD AND SHOULDER PATTERN WHICH MEANS IT WILL BREAK OUT SOON.
CHOLAFIN trade ideas
CHOLAMANDALAM INVCHOLA INV - CMP - 583.80
5 DEMA IS ABOVE 13 AND 26 DEMA.
BUY FOR AN TARGET OF 590/ 594.
S.L. 528.00
BULLISH MACD CROSSOVER ON DAILY CHARTS.
RSI IS 59.25.
GOOD BUY FOR A SWING TRADE.
Cholafin poised for an up move Chola finance getting ready for an up move. If markets support, it should breach its 52 week high.
CHOLAFIN +700🚀🚀CHOLAFIN +VE SIGN
1.TREND BULLISH
2.RSI +VE
3.VOLUME INCREASING
- VE SIGNS
1. RESULTS
Cholamandalam Inv Cmp 543.35 dated 17.5.2021Cholamandalam Inv Cmp 543.35 dated 17.5.2021
1. Flag Pattern on chart.
2. Rectangle Consolidation taking support @ 525
Buy with a tgt of 560-580-600-615-670 SL 520
Long term tgt of 770 SL 470.
It is just a view, pls trade at your own risk
CHOLAMANDALAM INVCholamandalam Inv looking good to buy with Stoploss of close below 522.75
All the key levels are mentioned on Chart along with stoploss and Targets.
BOLLINGER
RSI BREAKOUT
ADX AND DMI TREND
MACD
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Please consult your financial advisor before trading or investing
Cholafin - Falling wedge patternPrice formed falling wedge pattern and it is expected to break on Monday.
cholafin - Nearing supportPrice nearing support and one can confirm this with lower time frame some patterns.
CHOLAFIN Confirmed #FLAGPattern BO#CHOLAFIN has confirmed a #BreakOut now will start its journey to the sky
With SL@345
Chola Fin Shorttrendline breakdown with -ve rsi diversion with bearish pana wala candle formation closing required below 530 for positional short. t1 500/t2-480 SL todays high
Chola Fin - Intraday Set up 1 Stock has come back to its 100 EMA. Structure is already provided for reference along with S&R LEVELS
The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
LONG or SHORTLooking at price action :
it conveys to go long
but it will also depend on earnings in comming day
Risky trade
I am bullish!!!
RisingWedgeBreak :: CholafinRising Wedge Break with volume rise in breakout candle, Can be sold on confirmation.
Target Line's are captioned.
INTRADAY - WATCH CLOSELYA Breakout looks imminent. Keep a watch from the beginning of the trading session.
CholanfinAs banking and financial sector under much pressure casusing by covid second wave we may see further down side but yet wait for market to confirm the same.
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