Keep watch this its trading in a channel.... the end of bullishness is going to observe. wait for the price to break of trendline and retest.... will update once it is reversed....
CHOLAMANDLAM INV Key highlights: 💡⚡ 📊On 1Hour Time Frame Stock Showing Reversal of Double Bottom Pattern . 📊 It can give movement upto the Reversal target of Above 1177+. 📊There have chances of Breakout of Resistance level too. 📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 1235+. 📊 Can Go Short in this stock by placing...
Head & shoulder pattern formed go long if ressistance breakout go short if price retest in ressistance lets see what happen happy trade...
Observations:: the stock is continuously moving upwards... After breaking the resistance @820 zone..A rally base rally is observed. base @1050 is tested and moved again... In weekly time frame the price is showing bearish...we don't enter for short now... we have to wait for the price to break the base and gives us some pullback then only...short entry. In Daily...
Observations:: After a strong bullish momemntum price is given us some retracement, to enter long. previous resistance is turning to be a support.... a strong supply is seen from 1190 zone... if price acts as a demand 1150 zone...will seen it will test the supply again. if it wants to fall...it has to break the demand and retest then will go short. until don't...
observations:: the stock is trending upwards from long time... showing bearishness now, we have a demand zone @1012-1010 range... keep on selling up to this zone from 1070 zone.. if price not able to break above 1070 range, and falls below 1040 range sell up to 1020 range.. False breakout also be possible ... keep track these levels.. Buy Plan::
Reason for long a) Trendline breakout b) vwap support c) SL compulsory d) Mr14 set up
Hello traders i hope you are doing well. Today i will share u cholafin analysis
----->> the stock is trending upwards in daily time frame. ------->> the previous resistance @ 820 level was broken strongly, observe a consolidation before showing bullish pressure above 820 levels. ------->> now the price is almost trading 200 points above the resistance previous. -------->> If price showing bearish pressure in tis stock will observe a strong...
cholafin levels. kindly interpret and comment. at your own risk
5 Step Analysis of CHOLAFIN Stock 1. On Daily TF we can see that stock was respect the resistance line from July 2022. 2. On Friday Stock has given closing above Resistance Line with High Volume. 3. Strong Mometum base build on Daily, Weekly & Monthly Basis with increase Volatility for further upside move. 4.From May 2020 Stock Made Higher High and also follow...
After break of market structure and a previous bull run, it formed a bullish flag pattern & now is at resistance, from where it can give a good breakout for next bullish trend continuation.
CHOLAFIN Buy for intraday trading if stock break the given resistence level.................
CHOLAFIN Sell for intraday trading if stock breaks the given support level..........
A double candlestick pattern,Bearish Engulfing is seen near the resistance line in daily timeframe and traders may open short position.
Cholafin view for today Please follow strict risk reward and stop loss Charts for Educational purposes only Thanks, V Trade Point
Cholafin bullish momentum may come above 790 Charts for Educational purposes only. Follow strict risk reward if you follow the level Thanks, V Trade Point
Cholafin view for 16th Feb Resistance breakout expectation Please follow strict risk reward and stop loss... Charts for Educaitonal purposes only. Thanks, V Trade Point