theharshvardhanbiswas

EIHOTEL positional trade idea

Long
NSE:EIHOTEL   EIH LTD
Good risk-reward trade is visible in this chart with best buying range between 110-120 with SL below 105 for the target of 148+ in around 3-6 months. The stock will face immediate resistance around 125 beyond which it should fly.
Comment:
Update -
Weekly Low - 115.50
Weekly High - 121

Trade triggered and ongoing.

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