LEMONTREE HOTELS is showing symmetric triangle breakout and there is another reason to select that now a days India is hosting "G-20" meetings and hotel's sector is most important for these.
CMP : 82 TG : 96 SL : Below 21 EMA R/R : 3 times (Risk to Reward)
Stock's selection based on 5 Point Analysis : 1: Breakout. 2: Supported Volume, Delivery & VWAP. 3: 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. 4: PE, PAT, Industry & peer PE and sector performance. 5: Entry Timing on 2 hour chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.
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you can trail your profit from here.. or simply booked all
was on radar from many days entered 80 exited 88 sl 76.6
SthitaprajnaYogi
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@princegupta8997 No problem just googled some chart patterns and learn. You will automatically analysed. by the 10% is good amount of profit... very nice