Chalet Hotels Ltd

Analysed on

- Support & Resistance
- Triangle Pattern
- Rising Volume
- EMA

entry above Rs 380 ; stop loss below Rs 355 ; target as per price action & breakout volume

Thanks
-AJ

Disclaimer : Consult your financial advisor before any trading or investing activity.

Comment:

the price at support level, opportunity for accumulation or short term trade.

Comment:

Trade active:

Bullish Candle

Comment:

resistance at Rs 400.

If price breach the supply zone, target 2 will be Rs 438.

Comment:

Target 1 achieved.

Strong momentum

Comment:

Trade closed manually:

the price made a high Rs 450, missed target by Rs 2

close the position (if any) as per price position.