CHOLAFIN trade ideas
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.
Make it or break it!Look at the chart,
It is not a call.
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Chola mandalam trade plan after earning upside tgt 207 down 120after the earning trade in chola mandalam, earning was not as per estimate. infact it has upset the street. however it seems mkt already discounted that bad result, and stock might go up from here.
current resistance at 161 breaking this stock may reach 207. downside seems to be limited however support at 120 is strong.
Cholamandalam Investment and Finance CompanyPCR - 0.69; OC looks bullish
Completed accumulation phase with high vol increase => Bullish sign
If it closes above 170 then it will reach 180-183 range.As it has given a break out from its accumulation range probability is high to move to 180 zone
Strategy would to buy on dips and hold.
*This chart is only for educational purpose.
BUY CHOLA FINCHOLAFIN CMP 196
RESISTANCE: 204 214 224
SUPPORT: 192 179 168
Buying level near 192
NOTE: 192 is the main support . So watch 192 as a main support. Support and Resistance on closing bases
Cholafin: Range breakout with good volumeScript: Cholafin
Segment: Cash
Timeframe Daily:
Pattern: range breakout with increase in volume
View: Bullish
RR: 1:3
CHOLA FINANCE looks bullish!The stock has given a breakout above the resistance trendline...
We may see 184+ in short term on the upside..
View invalid below 150..
" CONDITIONAL SWING TRADE "CONDITIONAL SWING TRADE in CHOLA FIN
Can go for BUY trade only If it trades above 166..
can Accumulate it between 166 to 160
targets can be seen 176/182/187/192
stoploss would be 154
Note : This is just my view and its for Educational purpose .
Buy CHOLAFIN at cmp, Tgt 200, Inv H&S breakoutCholafin has given breakout of Inverse H&S, BUY at current levels fro target of Rs200, SL at 160
Cholafin Consolidation BreakoutRead the chart and Trade as per your views.
Manage your risk properly
CHOLAFIN - Bullish BreakoutNOTE: This is for educational purpose only.
My previous view of CholaFin was wrong . Fresh view is a proper bullish breakout with hike in buying volume. When there is a breakout with high volume, usually it is not a false breakout. This seems to break 185 levels as well.
