SthitaprajnaYogi

EIH for 70% (approx..) Gain

Long
SthitaprajnaYogi Updated   
NSE:EIHOTEL   EIH LTD
EIH is showing a 15 year breakout with good volume accumulation. Volume is visible on the chart. View is based on monthly Chart. first pick had made in 2008, another one is in '18 then '19. So we can say that this is a multiyear breakout if it is close monthly candle above 215.

CMP : 225
TG : 370
SL : Below the trendline which is mention on chart..

Stock's selection based on 5 Point Analysis:
1: Idea : Multiyear Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.

Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.

Disclosure : Going to Hold.
Trade active:
5% up in a day...
Trade active:
on Fire...
Trade active:
Monthly breakout confirm..
Trade active
Trade active
Trade active:
On Fire...!!
Trade closed: target reached:
book some profit and Trail your stop-loss accordingly..

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