CHOLAFIN trade ideas
CHOLAFINCan long as it gave breakout on rising wedge pattern. Chances of reversals around 350 - 360 zones
CHOLAFIN, Near dual trendline breakout of 2 yearsCHOLAFIN is very close to do breakout of 2 years resistance at 330. Also it is currently above mid term trendline resistance. If closed above 330 on day end basis, could be good positional bet.
Only active if closed above 330.
CHOLAFIN (Cholamandalam Investment and Fin Co Ltd)SELL BELOW 280CHOLAFIN (Cholamandalam Investment and Fin Co Ltd) SELL BELOW 280
CHOLAFIN near strong resistancePrice already rejected this level main times and it will do it again probably. And Stoch is also over 80. So strong SELL signal
CHOLAFINif crosses below 254, then a short position can be made near 255.5
if crosses above 259, a buy position can be made near 257.7
CHOLAFIN Long Setup [Intraday]NSE:CHOLAFIN Long at 251.65 with SL at 249.05 and 3 potential targets.
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly
