CHOLAFIN view

STOCK MARKETS 1 Minute

CHOLAFIN would give (SQUARING PATTERN) breakdown below 695 on closing Basis. Once this triggers Targets of 670 and 641 would open up on cash in Coming days. The problem here is slow momentum.
Not only on this stock, slow momentum is the problem with majority of stocks in this market. The volumes are missing on both sides of the TABLE. Hopefully volumes would pick up, from next week!
MID and SMALL caps have not participated in this recent rally. Looks very unlikely, that they would join from here
There are many MIDCAPS which are Breaking down, once momentum picks up, would look to explore more STOCKS.

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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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