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CHOLAMANDALAM INVESTMENT AND FCHOLAMANDALAM INVESTMENT AND FCHOLAMANDALAM INVESTMENT AND F

CHOLAMANDALAM INVESTMENT AND F

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CHOLAFIN trade ideas

CHOLAFIN--Consolidation + Up side ?? ----->> 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 bearish momentum towards previous resistance. -------->> Keep track this stock for few days. It will remain continue or reversal again back to 820 levels. Look for buy @ 980 zone to ride with Momentum if it is going again bullish. Exit if breaks 975. keep track this Instrument.
NSE:CHOLAFIN
by IIT-Trader
2
CHOLAFIN : Break the Resistance Line..!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 the trend support. 5. On next week stock Maintain 840 level and give closing above 840 then text level we can see at 850 and 870 in Coming week.
NSE:CHOLAFIN
by DeepikaMehtaCFA