Expecting traingle pattern break out, 50 EMA retest is pending. Stop loss below lower trendline Target atleast 1300 then we can trail Educational purpose only and not SEBI registered trader.
The chart structure is good if market direction is on upside then we can have breakout here which can give good returns in short term
NSE:CHOLAHLDNG One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Ascending channel breakout in Cholaholding Please follow strict risk reward and stop loss Thanks, V Trade Point
Cholaholding view for tomorrow Follow strict risk reward and stop loss
Based on my trendline analysis. Please do your analysis before taking any trade.
Stock has BO'd with good volumes..targets are not marked but you can consider 803, 1160 as targets.
cholamandlam fin hol tredline breakout and re test done good for positional by prajapati9951
buy as trend is sup bounce from fibo 62% level blending of candle 18 june and 21 june formed hammer at 62% level sl closing below 597 tgt 724:749
price action volume trend bullish as retrace from % level weekly marubozu candle good volume w.r.t to previous week weekly break out can occur tgt 645 above 645 weekly close tgt 724 sl 541 weekly close
CMP = 674 Target Price (Rs)= 880 Stop Loss (Rs)=550 Perceived Risk= medium Holding Period (months)= 15
CLEAR BREAKOUT IN CHOLAMANDALAM FINANCIA HOLDING LTD
breakout of triangle moving averages converging big wide range candle engulfing past candles.
SL 545 is on daily closing basis
Book profits at 600