RUDRA007

Chola finance Good short candidate

Short
RUDRA007 Mis à jour   
NSE:CHOLAFIN   CHOLAMANDALAM INV
Chola Finance Spot CMP 555

Counter is giving price rejection around 570 levels from last 2-3 trading sessions...
Nearest demand zone around 550-555 levels
Once breaks 550 levels and sustains for 30-60 mins ,, weakness can be seen in counter..
Bearish divergence in RSI ,, where price is making higher high and RSI is making Lower high..

Down side 515-520,, below that 470-480 levels possible..

Good short candidate...
Transaction en cours:
chola fin after breaking 550 today fell to levels of 525
5% down in single day
keep booking as per comfort

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