CHOLA FIN view

STOCK MARKETS 1 Minute

CHOLA FIN is breaking down after a large consolidation. Not in a camp of Holding short trades for Positional trading. But this one looks very week. It has given a HARMONIC breakdown today below 510. Strategy here would be to Purchase P E On bounce and sell OTM C E. I prefer mainly trades of cash and carry and hold it till my targets are achieved. As far as other trading criteria of a Gann methods are considered
1 a fresh Triangle breakdown here would trigger below 494 for the Targets of 468 and 438 on cash. 2
Simple Vibration Pattern gets more week below 488 for the lower levels till 450 and 415 on cash. Even Harmonic Channel is getting weaker but it would get more lengthy if I discuss that. Still markets are always supreme beyond all analysis so need to control the risk while taking positions.

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Published by SAAHIL BELIM

MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt!

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