EIH LTDLong
EIHOTEL
CMP =205
Breakout with good volumes both on the daily and weekly charts.
RSI >70 (bulls territory)
182 level broken which was acting as resistance since sept2022, then stock consolidated and breakout given above 200 level.
Accumulate in the range of 205 to 200
SL for short-term trader 196, medium to long-term trader 181.
Fundamentally:- Strong not so good, with ROCE=-3.11 and ROE=-4.80
Disclaimer:- This is not any buy or sell recommendation, this analysis is just for educational purposes. Take any buy or sell call only after consulting with your financial advisor.
Keep Learning, Keep Growing !!
Breakout with good volumes both on the daily and weekly charts.
RSI >70 (bulls territory)
182 level broken which was acting as resistance since sept2022, then stock consolidated and breakout given above 200 level.
Accumulate in the range of 205 to 200
SL for short-term trader 196, medium to long-term trader 181.
Fundamentally:- Strong not so good, with ROCE=-3.11 and ROE=-4.80
Disclaimer:- This is not any buy or sell recommendation, this analysis is just for educational purposes. Take any buy or sell call only after consulting with your financial advisor.
Keep Learning, Keep Growing !!
Disclaimer
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