cholafin looks bullish 11/09/2023 for target 1210 and 1330
CHOLAFIN is looking bullish with following
1. RSI on daily / weekly / monthly time frame is above 60
2. Price moving on upper Bollinger bands
3. ABCD pattern on daily chart
Buy on dips with target of 1210 - 1270 and 1320 SL below 20 SMA or as per one's own risk appetite
Disclaimer: I am not an expert I just share interesting charts here, Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
1. RSI on daily / weekly / monthly time frame is above 60
2. Price moving on upper Bollinger bands
3. ABCD pattern on daily chart
Buy on dips with target of 1210 - 1270 and 1320 SL below 20 SMA or as per one's own risk appetite
Disclaimer: I am not an expert I just share interesting charts here, Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
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