CHOLAFIN EW STUDY WeeklyCMP 212.35 BUY ZONE 170/200 SL 115 TGT 640+ Waiting Period 3/6 Years (Investment Purpose).
CHOLAFIN trade ideas
Cholafin - Short TermCholafin given breakout with good volume also made pennant. Targets on chart...
CHOLAFIN - ASCENDING TRIANGLE PATTERNTriangle pattern is formed, it can break out if market sentiment is positive
Chola finance is on bullish mode On daily chart of Cholafin is on bullish mode & trading above the 20 EMA Level . RSI level is also above 60 which is again the sign of strength. Now above 224 after the BO as marked will take long entry for the next target level of 235 - 240. So add the stock in your watch list & see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
CHOLAFIN LONG !CHOLAFIN given break out zone today one can invest at current price with immediate target for 240/-
Cholamandalam - Build up near resistanceNote: This is for educational purpose only.
There is a strong build up near resistance for the last 20 days or so. RSI is above 60 which indicates strong bullish momentum.
Chola FinFlag formation in daily chart in short time frame there is cup n handle formation good consolidation we can watch long above 217 sustaining for tgt of 234/250 with support of intra 213 positional 195### also taken Fibonacci support at FR 61.80% in hrly chart.
Cholafin for IntradayCholafin tested this strong resistance level quite a time!
Now it can give a breakout on tomorrow.
Wait for the price action!
And DM me if any support is needed!
cholafin continue move uptrend for positionalcup and handle pattern
continue move in uptrend
for positional traders
INTRADAY FOR CHOLAFINCholafin has beautifully came out of 15 min trendline resistance and took another support on the trendline resistance now its all set to go up!
Your target can be the peak high of the Triangle!
# 22 Long Cholamandalam Investment and Finance for 235 to 260NSE:CHOLAFIN
Reason Being:
1. Bullish Flag Breakout
Every Price Action Pattern after breakout provides some Target Range and according to Triangle:
Target Price: 235 and 260
View Negated Below: 201 in closing Basis
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.
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CHOLAFIN TRADELearn price action trading!
But please note I am not sebi registered advisor to provide you any service!
this is just for educational purpose
CHOLAFIN MAKE OR BREAK ZONECHOLAFIN IS NEAR 38.2% RETRACEMENT LEVEL FROM ITS HIGHS OF 348 BREAKING OF 216 ON CLOSING BASIS CAN LEAD ITS REALLY TO 235-40 ELSE IF 194 BREAKS ON CLOSING BASIS WE MAY SEE 175-70 LEVELS SIMPLE AS THAT...
Breakout in Cholamandalam Investment and FinanceStock has given breakout. Buy above 210 for target of 235 and 246. Watch and trade at your risk.
