NrupenM

Lemon Tree Hotels With Ladder Retrace Break

Long
BSE:LEMONTREE   LEMON TREE HOTELS LIMITED
Lemon tree retraced 30-50% and re-entered 30% level.
Unfortunately this also qualifies as weak break, the red resistance needs to be broken to say that Lemon tree has got successful break from Ladder retrace.
By the way SL can be maintained on 83 which is quite cheap, so one can go for it.