CHOLAFIN trade ideas
CHOLAFIN:- ASCENDING TRIANGLE PATTERNDisclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
CHOLAFIN | Nice dip to get on board - 12% potentialCHOLAFIN | Nice dip to get on board - 12% potential
CMP : 239
SL : 228
Target : 262
CHOLAFIN KEY LEVELS SUPPORT AND RESISTANCE 03/11/2020 INTRADAYCHOLA KEY LEVELS SUPPORT AND RESISTANCE FOR INTRADAY 03/11/2020
TRADE WITH STRICT STOPLOSS AND FOLLOW RISK MANAGEMENT
CHOLAFIN - Ascending Triangle bullish breakoutNote: This is for educational purpose only.
There seems to be a ascending triangle bullish breakout with high volume. Previous support has turned resistance. Moreover, RSI above 65 indicates bullish momentum.
Boarding This Chennai ExpressCholafin is showing signs of recovery on chart. You can go long with short term targets of 280-285 and long term targets of 310/330/360.
Please use proper money management rules and strict stoploss.
This idea is for educational purpose only. Kindly consult your financial advisor before investing.
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Chola Investments - BreakoutOne of the few NBFC's showing strength. Stock has broken out but i think waiting till monday morning to see if it can sustain and stay above 265 before entering would be key
As long as it can stay above 265 it could move 330 levels.
Long with SL below 264. (Entry only if it can remain above 265 on a closing basis today)
cholafin short tradechola fin bearish shark under formation
chart posted for educational purpose only
Stock Analysis of Chola FinancePrice - ₹253.75 Dt. - 10-10-2020
Price takes the support of 21DEMA and 50DEMA. price is also moving in a range. It looks like the price will further go down till the trendline or 50DEMA before moving up. If the stock starts falling in the next trading session then to wait till it takes to support and starts moving back. If the stock moves upward and breaks the horizontal line which is placed at ₹264.60 than to wait till it takes the support of the blue line. RSI is neutral.
