In this Article I will discuss how we traded Cholamandalam Investment and Finance Company Ltd (CholaFin) and Cholamandalam Financial Holdings Ltd (CholaHldng) with different strategies and made cumulative gain of 30% for our Premium Clients. Both of these stocks were recently covered in Premium Analysis. At our research desk we regularly use Squeeze and Elliott Wave Trade Set Ups to exploit trading opportunities.

Chola Finance Trade: 

Chola Finance was an excellent Set Up 1 Buy Trade Set up as per online Elliott Wave Course “Waves Of Wealth” which came under our radar on August 26, 2021. And the following update was given to Premium Clients on WhatsApp broadcast.

In fact the Elliott Wave Trade Set Up of Chola Finance was discussed in recent YouTube Video too when it was trading around 548.

And today the stock posted intraday high of 620.75 delivering almost 20% gains. (See below chart)

Chola Holding Trade: 

While Chola Finance was perfect fit as per Set Up 1 Buy, Chola Holding was a super Trade Set Up as per Squeeze. Following update was sent to Premium Clients on August 31, 2021 on WhatsApp broadcast. 

The trade was triggered on September 1, 2021. However it went sideways for few days after crossing 690. Finally the stock exploded on September 16, 2021 and posted intraday high of 760 which 10% move from our entry price of 690 (See below chart)

The secret to successful trading is knowing which battles to participate in. We don’t need to trade all times. 

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