INDIAN HOTELS (INDHOTEL) – Swing Trade Setup

Jan 4

INDIAN HOTELS (INDHOTEL): CMP: 748.65; RSI: 51.47

✅ Trend: Strong Bullish (Weekly Golden Cross)
📐 Pattern: Flag consolidation → Breakout setup

🔔 Entry:
• Above ₹770 (weekly close / breakout confirmation)

⛔ Stop Loss:
• ₹700 (below flag support & recent swing low)

🎯 Targets:
• T1: ₹820–830 (partial profit)
• T2: ₹880–900 (flag pole projection / Wave-V zone)

📌 Risk–Reward: ~1:2.5 to 1:3

⚠️ Note:
• Enter only on breakout with volume
• Trail SL once T1 is achieved

📈 Trend is up. Consolidation is healthy. Breakout can lead to next expansion leg.

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Jan 13

Order cancelled

The market has turned decisively bearish, and the stop-loss has been breached—this invalidates the swing trade setup.