CHOLAINVESTEMENT & FINANCE is currently at a major weekly breakout,
1. The chart pattern suggests on breakout with volume may signify further downside upto 8-10% minimum 2. RSI is slightly getting into buy zone- which implies after breakout confirmation one can sell rally 3. MACD shows that momentum are gaining favouring the bear side.
Conculsion: The stock once breakout pattern is confirmed one can go short on raise.