Darvas Box & Triangle with some trendlines shows that CHALET HOTELS can give a decent movement in the comings weeks ahead. Recently, it bounced back from 160, twice. Very Strong support in the 120-130 zone. Consolidating in the 158-196 range since last week of May '21. Upside looks good from hereon CMP/175-180 levels. Above 200 -> 250, 270, 290-295 and a close above 305-310 -> 350.I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Trade closed: target reached:
255.60
Trade closed: target reached:
292.80