Scrip moving towards multi year breakout price with stable volumes and moving average consistency. Investors might enter after breakout and for staying safe, we can derive confirmation if channel support is taken after breakout. Only risk - taken wick rejection from all time high 2 times.
We can see a clear Cup & Handle breakout in Cholamandalam Financial Holdings CHOLAHLDNG
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NSE:CHOLAHLDNG CHOLAHLDNG - On the verge of Breakout Its on the upper end of the Channel and Breakout above 710 will have up move T1 - 766 SL - 675. Disclaimer : Its not a recommendation
A typical triangle pattern with the squeeze coming for a breakout. only small concern here is the volume part which is not yet here. One may enter the stock in such situation with a small sl of 2-3% . Disclaimer : The above analysis is for education purpose . One must do their own due diligence before taking any trading position.
BUY 735-740 TARGET 800SL665-DKM SIR 3YR necline break in chola holding buy abd hold
shorterm long cholahldng long buy at 670 target 725
sl and buy level same - 660 target - 700 , if sustained above 686 then 52 week new high
This scrip is expected to give breakout as it has forms a beautiful pattern. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏🙏
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Triangle breakout and retracement. Good for positional trade.
It is going to be the best buy setup for upcoming days.
CHOLAHLDNG : cmp : 616.1 Making lower lows for 3 days.Closing below previous low. RSI bearish . Sell on rise. If opens gap down don't chase. TGT 596/580/563 Sl 636 Disclaimer: Ideas for learning Only. Learn Regularly. Not occasionally.
NSE:CHOLAHLDNG Stock is trading bullish trend and created Darwis box and given recent breakout and register good returns Now created new Darwis box and breakout will give good result All the levels marked on chart.
Check risk reward Buy above 620 For short term, SL - 590 Quick move to 650 very much possible For Long term, SL 550 Small Resistance at 665-670 Tgts 680-700
CHOLAMANDALAM FINANCIAL HOLDINGS has had very strong buying pressure the last one week. We might see a breakout. After the breakout, buy after the next possible pullback or retest. Educational purpose only - trade at your own risk. Good luck.