Description
⋅ Buy INDIAN HOTELS @ 330
FOR THE TARGET PRICE OF 345 /360/ 415
WHY IND HOTELS : Riding the trend , Good support from the Trendline & 200MA.
:
This idea is only for educational purposes.
Always trade at your own risk.
THANKS
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⋅ FRESH ENTRT @335
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⋅ First target achieved @345 Trade active
⋅ 2nd Target achieved @260
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⋅ 2nd Target achieved @ 360
Trade is active. Book your profits as your convenience.
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⋅ Targets Modified:
Next 390 followed by 420
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⋅ Support for INDHTL @350 i.e previous high.
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⋅ LOOKING FOR 400
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⋅ Those who r still in this trade can hold it for longer time.
Comment
⋅ As per Channel analysis and Fib.Extension , we can expect the target of 420.
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⋅ HIT 420
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⋅ Finally we are 500+
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⋅ 590 achieved
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⋅ From here the INDIAN HOTEL may fall down to 530-40 level due to divergence in price.