CHOLA - Parallel Channel & Retest

2023年3月17日

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

2023年3月29日

註釋

Strong support at ema 200.

2023年3月31日

註釋

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

2023年4月6日

註釋

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

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

2023年4月27日

註釋

Flag Breakout

2023年5月4日

註釋

impeccable return of 25% in 2.5 months.

trail the stop loss.

2023年5月5日

交易結束：目標達成

Target of Rs 980 achieved.

Re- entry level will be above Rs 1000.

2023年5月18日

註釋

Re-enter with stop loss below Rs 1000.

2023年6月30日

交易進行

Three white soldier !!