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FrankzMD

INDHOTEL -SHORT

INDIAN HOTELS (NSE:INDHOTEL)  
FrankzMD  
NSE:INDHOTEL   INDIAN HOTELS
Trend Analysis Chart Patterns Technical Indicators
3
1
trendanalysis chartpattern indicator
price facing resistance at previous pivot level
forming an Head and Shoulder pattern
price exactly at 18 day EMA --has to be broken for a free fall
MACD daily - below signal line
weekly 3-6 MACD negative cross over
considering the MACDS RSI - chances of fall is very high
RR is not attarctive though
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