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::
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 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
A barish pattern formed in Chola fin daily chart. After a uptrend and at major resistance the stock may reverse. For educational purposes only.
Todays 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 stalled its upward rally due to market correction but its taken support near its 78% fib retracement level & trying to regain its upward rally towards 750 level. Could be bought with stoploss below its 50% fib retracement level ; 702.