Hotel Leela - Initiating Big Move Ahead

2660 46
It is been observed that the price action firstly broke out from the long term trend line and now breaking out from a short term trend line indicating a strong up move ahead.

It is not fundamentally good but it shall provide good short term returns.

Target 1: 30 (50%)

Target 2: 45 (120%)

Stoploss: 17 (15%)

Disclosure: Personally invested.
Apr 18
Trade active
Apr 19
Comment: Consolidating
Apr 20
Trade active
Apr 21
Trade active: 17% percent up, good going
Apr 23
Trade active
Apr 26
Trade active
May 02
Trade active: Buying at dip begins
May 08
Trade active
May 10
Trade active: At 52 W High Levels
Jun 18
Comment: Consolidating on Hourly chart, getting ready for another big move

Sep 01
Comment: It is been consolidating for last four months and now a pull back from support levels. Buyers active again.
Dear Neetesh,
Are you still tracking this one. Seems likes buyers coming in. Movedn above 20.5? Please suggest holding this one since 2/3 months. Future expectations? Can it cross 30?
@riyase77, Yes, it shall cross 30 levels in coming months. Maintain holding it. Thanks
@NeeteshJain - Sir, this is below the levels which I had bought earlier. So should can I accumulate this more.
+1 Reply
NeeteshJain VikasChhatwal
@VikasChhatwal, You may add if it comes down to 19-20 levels or once it goes above 25 levels. Currently consolidating.
+1 Reply
VikasChhatwal NeeteshJain
@NeeteshJain, thank you sir. Waiting for the big break, and recover some losses :)
NeeteshJain VikasChhatwal
@VikasChhatwal, Stay on a holding period for 3 months and you shall gain your profits with interest. Appreciate your support. Thanks
+1 Reply
Is it a good time to accumulate this further. Its below the price I bought, so should I buy some more and average it? Do you think its a good idea.
VikasChhatwal VikasChhatwal
@NeeteshJain - Sir your thoughts on the above.
you are amazing bhai...
+3 Reply
For some strange reasons, this is the most watched stock today in your postings. @NeeteshJain, you are extremely talented, and I am sure most of the folks here look upon you.
+2 Reply
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