Attached: INDHOTEL Daily Live Market Chart as of 26th April 2023
An Ending Diagonal in Wave 4 marked as ABCDE and then Price has been moving Up since then, close to its All Time High
Look at Peer Hotel Stocks, they are also making New 52 Week Highs and Breaking Out so Indian Hotels too should follow the Hotel Sector in its journey up
Upside Target:
north of 360
and then take Reverse Fib Level of 4th Wave:
1.272
1.382
1.5
1.618
An Ending Diagonal in Wave 4 marked as ABCDE and then Price has been moving Up since then, close to its All Time High
Look at Peer Hotel Stocks, they are also making New 52 Week Highs and Breaking Out so Indian Hotels too should follow the Hotel Sector in its journey up
Upside Target:
north of 360
and then take Reverse Fib Level of 4th Wave:
1.272
1.382
1.5
1.618
Trade closed: target reached
367 Target Hit and One Good Trade
Siddharth Bhansali
✔️Twitter Handle @T_Harth
✔️Twitter Handle @T_Harth
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Siddharth Bhansali
✔️Twitter Handle @T_Harth
✔️Twitter Handle @T_Harth
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.