CHOLAMANDALAM INV

NSE

CHOLAFIN

BULLISH ON CHOLAFIN

Check after 3-4 weeks

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)

A close above 1224/- & 1264/- TARGET 1340, 1420.

A ckise avive 1224/- & 1264/- TARGET 1340, 1420.

Top is confirmed Moves sideways as CC-34(W) crosses below 100 Must cross 1730 with strength to resume

- only for study purpose.

CMP 1452 Target 1800 plus Stop 1200 1) Stock has witnessed an upward channel breakout with huge volumes. 2) Relative strength upward sloping indicating stock experiencing specific buying vis-a-vis market. 3) Stock has the potential to reach 1800 plus which is the long term resistance zone.

CHOLAMANDALAM INVESTMENT, Beautiful Regulat Flat pattern forming in Wave 4 on Weekly timeframe, lets see how it unfolds towards 800 level and from there to get long.The downside move is confirmed by the corrective formation.

DAILY FINANCIAL WISDOM: "It's better to trade alone, than trade with a crowd going in the wrong direction.