Chola finance Long idea
Similar to my Bajaj finance idea on hourly this one is on daily and patience would be required.
The 500 area in the stock has been a demand zone which was once broken and given a bear trap with a massive rally of 70-80points. After that massive rally price has now come back to test the 500area. Hourly atr shows that the stock has consolidated for a while and enough consolidation in the stock seen.
We plan to buy the stock in futures with stops of 10points for a target of T-570 T2-640.
The 500 area in the stock has been a demand zone which was once broken and given a bear trap with a massive rally of 70-80points. After that massive rally price has now come back to test the 500area. Hourly atr shows that the stock has consolidated for a while and enough consolidation in the stock seen.
We plan to buy the stock in futures with stops of 10points for a target of T-570 T2-640.
Trade aktif
Has started moving immediately. We have upped the trailing stops to cost 503.Trading ditutup secara manual
Closed the trade on trail. It might just be i got stopped.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.