CHALET HOTELS Testing Key Resistance Near 900
✅ The stock is currently testing a key resistance level around 900, with a potential breakout on the horizon. The price is trading above both the 100 EMA and 200 EMA, signaling continued bullish momentum.
✅ The RSI is at 57, indicating the stock has room to move higher without being overbought. A breakout above 900 could lead to a rally toward 950-980.
✅ With increasing volume and a solid base above the EMAs, the stock is well-positioned for further gains. Watch for a confirmed breakout above ₹900 for potential upside.
Join our community in telegram for real time updates --- telegram.me/marketiik
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.