Chola finance in bearish modeIn coming days we can see more weakness in stock if trading below 200 EMA. Shortly we can see the 690 to 650 levels soon in the stock. So add the stock in your watch list.This is for your educational purpose only.
CHOLAFIN trade ideas
Cholamandalam Invt Cmp 762 dated 18-3-2023 Triangle BOCholamandalam Invt Cmp 762 dated 18-3-2023
1. Traingle Pattern Formation
2. BO above 768
3. RSI already had BO
Buy above 768 for target 775-785-800-810-835 SL 750
It is just a view, please trade at your own risk.
CHOLAFINCHOLAFIN:- Ascending triangle pattern is formed wait for breakout keep your eye on stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Chola finance breakout and retest!!Chola has given breakout from demand zone and has retested the same level. A bounce from here should take it to next resistence level of 820 and then ATH breakout.
CHOLAFIA is good looking buying Zone 796CHOLAFIA is good looking buying Zone 796
study the level and buy
Cholafin In Bullish Mode#Cholafin closing 781.4 and now with #stoploss 730 and targets are 850-900+.
Narrow Channel pattern trade idea with Candlestick entryI daily make educational content videos on stocks for swing trading ideas and learning purposes
Nifty Financials heading downwardsBuy CholaFin Feb expiry 700 PE, Target of 690.
Nifty Finance has a downward breakout with Banking suffering the most, good time to short finance stocks as well
SELL - CHOLAFINSELL - CHOLAFIN AT 690 FOR THE TARGETS : 673 , 670 WITH STOP PLACED AT 703
Take trade based on risk appetite and the direction.
Please do follow for more such ideas.
Regards,
Mind-Muscle
Chola FinI have marked the demand zones for Chola fin.
It's an easy 10-20% from the demand zones, the trend isn't much strong but we will be playing a reversal so the risk to reward is quite high.
CHOLAFIN CHOLAFIN NEAR important support
staying below the support would open a move towards 609
Till sustains above 696 may bounce to 761 again
Chola finance massive breakoutStck is ready for massive breakout
has consolidated big in past weeks
Breakout zone
CHOLAFIN - looking good for a rally after consolidation CHOLAFIN - Looking good for a rally. 730 is the key. If it sustains , it can start moving up again after some consolidation
Cholamandalam Invst Cmp 729 dated 1-12-2022 Triangle BOCholamandalam Inv Cmp 729 dated 1-12-2022
1. Previous day made Doji Candle & Today closed @
High of the Doji Candle. (Buy Signal)
2. Triangle BO @ 730
Buy above 730 for a target of 745-765-780
SL 705
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Just go with price actionHi this is my price action mark just trade with mkt. Open time and before 11.30. Am need more idea then join our wup group. Short mark in this chart
Cholamandalam Investment [CHOLAFIN] at Key weekly Reversal PointCHOLAFIN at Key Weekly Support Level
Check for Price action on Hourly & Daily time frame for long or short trade
Bullish Pennant pattern breakout in CHOLAFIN.CHOLAFIN
Key highlights: 💡⚡
📊 On 1D Time Frame Stock Showing Breakout of Bullish pennant Pattern .
📊Strong Bullish Candlestick Form on this timeframe.
📊It can give movement upto Breakout target of 935+.
📊Can Go Long in this stock by placing stop loss below 700-.
📊Breakout this can give risk:reward upto 1:7+.
Symmetrical triangle pattern breakout in CHOLAFIN.CHOLAFIN
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Breakout of symmetical triangle Pattern.
📈 Strong Bullish Candlestick Form on this timeframe.
📈It can give movement upto Breakout target of 865+.
📈 Can Go Long in this stock by placing stop loss below 705 or last swing low.
📈 Breakout this can give risk:reward upto 1:4+.
long long longbeautiful price action set up
waiting for breakout
1st tgt 756 and above on crossing it
disclaimer - trade @ own risk
Chola Finance SHORT, Rounding Top The Short Setup is as follows:
Elliot Wave Standing Point:
Rise from Covid Lows can be marked as a Diagonal in the form of ABCDE and Wave E just completed in September
For the Short Term as per Daily Time Frame, we can see the following Observations:
1) RSI gone below 40 ✅
2) ADX at 24 rising, DMI in Sell Mode ✅
3) Super Trend (10,3) gone in Sell Mode ✅
4) MACD in Sell Mode ✅
5) And Most Importantly there is a Classic ROUNDING TOP Pattern Breakdown ! where the Base has Low Volumes and the Breakdown is on High Volumes
Downside Target open to:
705 - 700 (as per Rounding Top Pattern)
Stop Loss:
Can be kept > 760
Since on Weekly Time Frame, it is a Diagonal as per EW Count, the Downside can exceed even further. So DO NOT Bottom fish
The Target of 705 - 700 is bare minimum expected (conservative case)
