InfinityCapital

Stage 1 consolidation Breakout. Entry@86

Long
NSE:LEMONTREE   LEMON TREE HOTELS
Lemontree has broken out on heavy volume . I have added a small position to see how the stock moves, will be gradually adding more if it works in my favor. March 19 annual earnings will give us more clarity on the financials as well. qoq earnings growth is not the greatest, I have bought the breakout on the onset of a fresh buying seen in Midcap and Smallcap, what looks like a new rally in the market induced by fresh buying by the FII's.