CHOLA - Parallel Channel & Retest

17. März 2023

The stock analysed on following parameter :

- Parallel Channel Breakout.
- Area of Confluence : the price retest breakout level and now resistance level acting as support.
- Fib Level : price retrenched to 50% and uptrend signal visible.
- EMA : price above all key moving average.
- Candle Analysis : Doji follow up with Bullish Candle from retest level.

The short term resistance level will be Rs 800 and stop loss can be placed below support level.

Thanks
-AJ

29. März 2023

Anmerkung

Strong support at ema 200.

31. März 2023

Anmerkung

perfect set up, the gap created during breakout - filled.
strong support at 200ema and price closed above trendline & ema 20 | 50.

6. Apr. 2023

Anmerkung

price broken the yearly resistance at Rs 800 with Breakaway Gap.

support will be at Rs 796 (trailing stop loss).

27. Apr. 2023

Anmerkung

Flag Breakout

4. Mai 2023

Anmerkung

impeccable return of 25% in 2.5 months.

trail the stop loss.

5. Mai 2023

Trade geschlossen: Ziel wurde erreicht

Target of Rs 980 achieved.

Re- entry level will be above Rs 1000.

18. Mai 2023

Anmerkung

Re-enter with stop loss below Rs 1000.

30. Juni 2023

Trade ist aktiv

Three white soldier !!