CHOLAFIN trade ideas
CHOLAMANDALAM INV 1HRTwo Strong BEARISH Patterns CRAB & Deep Crab Forming Strong POTENTIAL REVERSAL ZONE
Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY
ULTRA HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR. Already low volumes
IF Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for Adding another short
Price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
CHOLAFIN 230...... LEVEL VERY imp crucial resistence at 240we can play a intraday play for 2-5 points
scalp on 230 level if it sustain the 230
then its have an potential .........to gain ......
trade with proper money management ..
golden quote never lose more then your reason
simplicity is key of success