Cholafin looks good for swing reversal from fib on monthly time frame
CHOLAMANDALAM INVESTMENT & FINANCE LTD Key highlights: 💡⚡ ✅On 1Day Time Frame Stock Showing Breakout of Bullish Wedge Pattern. ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1260+. ✅Can Go Long in this stock by placing a stop loss below 1080-.
CHOLAFIN has successfully completed its corrective wave 2, characterized by a minor abc wave. It is now poised for a potential bounce in either Wave C or Wave 3. **Swing Trade Recommendation:** - **CMP (Current Market Price):** 1140 - **Stop Loss:** 1085 - **Target:** 1295 - 1322 This buying call is strategically positioned for a swing trade. Keep a close eye...
Q2 result view 4% - 8% Downside Potential Target 1101, 1064 Resistance 1189 - 1210
We have a demand zone @1180-1160 levels...if we consider this as a head and a rise is observed from this zone...those who wants to enter long again can also enter in long position at right shoulder as well....keep looking in buyside from the right shoulder, when Head is formed safe trader enter long at right shoulder by keeping the stop loss at Head... Keep look...
After a strong continuous rise this stock is giving us discount to enter long... after a strong consolidation this stock is testing the demand zones at 1080 levels...keep looking for long in this stock from this zone... Recently price breaks the support at 1120 levels...keep in short side if this gives retest to support again....If not look for long from demand zone.
I am selling Chola mandalam INV at Daily Timeframe.
Short below 1111, first target 1000, second 888 On 3 Month Time frame, something Interesting Going, on, major dip could be expected in next 2 months
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
The stock is forming an ascending triangle pattern backed by price rising on the 20 EMA. After the golden crossover of 20/200 EMA the price seems to be headed upwards and can prove to be a potential winner if the trend continues. The current price is near new breakout levels as it surpassed previous highs recently. This stock is also showing a good RS vis-à-vis...
Cholafin view for 3rd Oct Selling opportunity below 1214 Charts for Educational purposes only. Follow strict risk reward and stop loss for the same. Thanks, V Trade Point
Last month I had shorted Chola and having about unrealized loss of -70k per lot. Rolling it over. Now this time, there is a stop loss because if that rejection line breaks, I am wrong! Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless...
Cholafin Chart Analysis........15/09/23 Keep an eye on Cholafin chart Either it sustain above 1215 or after a correction 1090 level, your stop loss will then be 1060. The trend change in the chart will happen below 1000 level only. Enjoy !
ATH Looks good for upmove. Only for educational purpose, not a trade recommendation.
Cholafin view for tomorrow 30th Aug Buy view above 1106 with strict SL (Intraday view) Follow strict risk reward and stop loss.. Charts for Educational purposes only. Thanks, V Trade Point
NSE:CHOLAFIN One Can Enter Now ! Or Wait for Retest of the Trendline (BO). Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
SHORT AROUND LEVELS MENTIONED IN THE CHART WITH SL of 1225 / WHEN RSI BREACHES DOWNTREND LINE ON DCB RSI NEGATIVE DIVERGENCE STILL EXIST Stock doubled - ALL positives priced in Stock Fair price = 32.42 x 25 = 810 EPS = 32.42 Median PE = 25