TradingSutra

Royal Orchid: Continuation of uptrend

Long
NSE:ROHLTD   ROYAL ORCHID HOTEL
Stock has given a breakout after a consolidation into a parallel channel. Stock is likely to move up towards the 310-315 zone in the coming weeks. Buy with SL of 275 and look for the tgt of 310-15.

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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