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Prathamesh_Chavan

Indian Hotels - A Low Risk Trade

Short
INDIAN HOTELS (NSE:INDHOTEL)  
Prathamesh_Chavan  
NSE:INDHOTEL   INDIAN HOTELS
Rectangle Multiple Time Frame Analysis Candlestick Analysis
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rectangle mtfa candlestick
A channel pattern formation is observed in India Hotels,
Small candle sticks formation at support trendline indicates that the price is taking a good support at trendline.
High probability that the stock will move up & quick profits can be booked. Stop loss can be placed at 94, which confirm price break down.
Happy Trading!!!
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