1 Min Read
📈 Cholamandalam Finance (CHOLAFIN) – Swing Trade Setup
✅ Entry: ₹1,735–1,760 (Buy on breakout and successful retest)
🛑 Stop Loss: ₹1,650 (Below the recent support zone)
🎯 Target: ₹2,180–2,200 (Approx. 24% upside)
📤 Exit: Book profits near the target or trail the stop loss as the stock moves higher.
The stock has broken out of a consolidation range with strong volume and is trading above the 20-day SMA, indicating bullish momentum. A successful retest of the breakout zone provides a favorable entry with a defined stop loss. Maintain disciplined risk management and trail profits if momentum remains strong.
