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GreenBullsNRedBears

CholaFin on the verge of a Head & Shoulder breakdown!!??

Short
CHOLAMANDALAM INV (NSE:CHOLAFIN)  
GreenBullsNRedBears  
NSE:CHOLAFIN   CHOLAMANDALAM INV
Chart Patterns Head and Shoulders cholamandalam CHOLAFIN cholafinance cholafinsell cholafinanceanalysis chola head_and_shoulder
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chartpattern headandshoulders cholamandalam cholafin cholafinance cholafinsell cholafinanceanalysis chola head_and_shoulder
On the 30 min timeframe, Cholamandalam Finance seems to be on the verge of a breakdown if it is able to break down the level of 362!!

The OI data also indicates Short Buildup!!

Once it breaks the level, the first expected stop will be 350, then 340, then 330 and the final target expected is 310 odd!!

Cheers!!
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