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IIT-Trader
Feb 20, 2024 3:29 PM

CHOLAFIN--@Support Zone?? 

NSE:CHOLAFIN1W
CHOLAMANDALAM INVNSE

Description

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this stock is continuously falling...
broken the trendline and retested the trendline as well and continue its falling.
now it is at one of the support zone...
If price consolidation between these 2 zones we have a tap into the support zone and price rise is observed from support levels... look for buy @ support Zones.

Comment

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drop base drop done
Trend AnalysisSupport and ResistanceSupply and Demand
Comments
nrhs_trades
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Nice analysis...keep up the Good work
IIT-Trader
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@nrhs_trades, thank you
bhaleraocedric
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Hi, Super study. Which Indicator do you use which gave Red, Green arrows and the Orange dot?
IIT-Trader
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@bhaleraocedric, its not an indicator ,its down symbol. Orange one is my idea.
IIT-Trader
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@bhaleraocedric, In chart you can select if you want to use others idea's or your own idea's to follow.
IIT-Trader
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@bhaleraocedric, settings--events--ideas--my ideas or others ideas
IIT-Trader
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what do you think about this idea??
devendralukhi
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@IIT-Trader chola come down for liquidity hunt and take sl from buyer
IIT-Trader
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@devendralukhi, that one is intermediate support...full support lies on bottom side.
IIT-Trader
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@devendralukhi, Sell stoploss will also hit above 1175 and again fall back.
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