RiderTrader

Cholamandalam Finanace

Long
NSE:CHOLAFIN   CHOLAMANDALAM INV
Cholamandalam Finance.

Breaking out today for a first target 260 levels.
Close open above 260 possible for 280 levels.
RSI, Volume, And Stochastic are good numbers.

The fall from 259 to 215 was not supported by volume
And to add had couple of candles with long wick at the bottom indicating good support in buys.

Today the stock is above 9EMA and good candle shape too with little or no wick at top.

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