technofunda_trader

Lemon Tree Hotels ready for the uptrend!🤩💸🔥

Long
NSE:LEMONTREE   LEMON TREE HOTELS
Buy Lemon Tree Hotels for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡Expansion Plans:
The company has planned projects which will increase the number of hotels by 22 and the number of beds by 2,200. The projects are expected to complete by 2022 which will bring the company's network to 100+ hotels and 10,000+ beds in operations.
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✔️ Technically & Fundamentally Strong💪💪
Good QoQ & YoY Q3 result.
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💎@technofunda_trader⁠
Few Important rules from my Trading Philosophy:⁠
1. Don't compromise on the quality of stock.
2. Buy Right, Sit Tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
⁠5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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