CHOLAMANDALAM INVESTMENT AND FViés de baixa
#CHOLAFIN stock looks scary!!!
CHOLAINVESTEMENT & FINANCE is currently at a major weekly breakout,
1. The chart pattern suggests on breakout with volume may signify further downside upto 8-10% minimum
2. RSI is slightly getting into buy zone- which implies after breakout confirmation one can sell rally
3. MACD shows that momentum are gaining favouring the bear side.
Conculsion: The stock once breakout pattern is confirmed one can go short on raise.
1. The chart pattern suggests on breakout with volume may signify further downside upto 8-10% minimum
2. RSI is slightly getting into buy zone- which implies after breakout confirmation one can sell rally
3. MACD shows that momentum are gaining favouring the bear side.
Conculsion: The stock once breakout pattern is confirmed one can go short on raise.
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.