Incase if financial sector is trading weak, and Cholafin is trading below 247 level - will test 240 before any bounce. Add to watchlist for possible short trade.
Trade based on 1. trend line support and rss 2. Rsi 3. Fibonaaci 4. Price action
Hello!! Chola finance again a very good stock giving a good buy signal ...... one can go long with an sl of 199/196 according to the risk(loss) capacity. #my_view #learner
Trade accordingly as a day start, Looks positive.
CHOLAFIN (Cholamandalam Investment and Fin Co Ltd) BUY ABOVE 315.5
sideways are the best place for trading refer chart for direction of the stock since it has formed a double top like structure i expect it to go down it is actually a retracement of 61.8% lets see what it does buy pe ...next month contract since it is hard to find the time(calc)