Lemon Tree Hotels Idea
Updated
Suggestion Reason:
1. Volume has increased in the last few days. So it should go for the 1.5-year breakout.
2. Increase in the number of people are going for vacations after covid and this will rise in the winter season.
3. 200 EMA Support
4. It can come for retest also if it fails to give breakout with good volume and will make an ascending triangle pattern.
Already marked important levels, zoom out to see details
1. Volume has increased in the last few days. So it should go for the 1.5-year breakout.
2. Increase in the number of people are going for vacations after covid and this will rise in the winter season.
3. 200 EMA Support
4. It can come for retest also if it fails to give breakout with good volume and will make an ascending triangle pattern.
Already marked important levels, zoom out to see details
Trade active
Intraday target achievedTrade closed: target reached
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.