Breakout in CholafinTodays view in Cholafin 8th Feb
Breakout in Cholafin
If sustain above 790 will see Double top
Please strictly follow risk reward and stop loss if u enter in the trade
Thanks,
V Trade Point
CHOLAFIN
#SILINV #BAJFINANCE #BAJAJFINSV #HDFCAMC #CHOLAFIN #SBICARD #NSE
#SILINV
NSE:SILINV
CMP: 347
TP: 435
SL: 300
TF: <6m
RR > 1.8 times
Return 25%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
CHOLAFIN SILENTCholafin looks bearish
Multiple time supports no changes proper volume.Expecting breakdown
intraday levels ill update later.
My view on CholafinCholafin forming inverse Head & Shoulder Pattern.Looking Target 680-685++ in very short term.Also Keeping on radar Cholafin 660 CE.
BREAKDOWN IN CHOLA FINANCE SHORTA big breakdown in chola finance short at CMP
Target 1 600
Target 2 540
Target 3 500
Chola FinChola Fin expected 640 1st and then 660 as per Fib Extension.
Disc: Not a buy recommendation. Just for learning
CholaFin above Big resistance levelHello, Tradingview community.
Cholafin is trading above its major resistance (Refer chart for more clarification).
The chart is self-explanatory.
on the hourly chart, it is clear price tested 633 level for 3 times since 19 Oct and not able to sustain above same.
But 4th time it is able to break and sustain above 633 level, we can surely see some fireworks in the coming days.
Above 641 we can expect 658 to 680 levels.
Below 628 we can see weakness.
Happy Trading.
CHOLAFIN - Ready to make new Life time high - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
Feel Free to connect with me for any query or suggestion regarding this stock or Price Action Analysis.
CHOLAFIN ::: BULLISH :::DATE: 03 JUNE 2021
INSTRUMENT: CHOLAFIN
TREND: BUY
TIME FRAME: DAY
CMP: 557.30
BUY ABOVE: 559
STOP LOSS: 534
TGT: 605
DISCLAIMER:
We are not S E B I registered analysts.
Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Leave a comment that is helpful or encouraging.
Let's master the markets together.
cholafin symm triangle patternforming a symm triangle pattern (1 HR TFM)
breakout can be to either side
wait for break and could go for swing entry
CHOLAFIN All the key levels are mentioned in chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Chola finance looking very good for short termit has fallen from 557 after making all time high due to profit booking now it has fall down and taking support at trend line which is very good to enter for a target of 551-557-565-575 also can be seen in some weeks.
accumulate it at given black line which are-517-508-500 and add till 490 with a SL-474 .
Cholafin breakout short termCholafin at 530 if crosses 535 level than we can see a short term breakout and target is 538 + upto 590 - 600. Stock is consolidating in the same rane since last 4 days a possible breakout is possible.
Education purpose
CHOLAFIN inverted head & H&H and negative diversionCHOLAFIN inverted head & shoulder and negative diversion may fall or breakout from H&S pattern
CholaFINI'm not an expert I'm just sharing my views on CHOLAFIN for next trading day
I'm not responsible for any profit or loss this is not a recommendation.
CHOLAFIN - Possible short tradeIncase 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.
HOW I BOOKED 1.5 % IN CHOLAFINTrade based on
1. trend line support and rss
2. Rsi
3. Fibonaaci
4. Price action
Chola finance 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
