#CHALET trading above Resistance of 588
Next Resistance is at 891
Support is at 337
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
Stock Name - Chalet Hotels Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 511
#This is not Buy and Sell recommendation to any one. This is for education...
CHALET NSE:CHALET
Looks like it's out of Squeeze and closed above the previous week's high.
Monthly and Weekly trends changed to Positive.
On Weekly time frame, SMA 13> SMA 34> SMA 55 and currently Close crossed W13 Upside
On RSI - M:66.3 WK:55.1 D:61.4 (Raising)
Add to watchlist - should see the good upside.
Possible targets - 393, 415, 478.
buy above 335 in intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If...
Chalethotel stock is rising in an uptrend forming higher highs and higher lows which is the basic definition of an uptrend. Stock has given a breakout on the weekly time frame and can be bought on cmp for the Tgt of zone of 380-400 in the coming weeks. Stop loss should be 290.
Closed with Bullish Engulfing.
20 SMA closed above Daily, Weekly, and Monthly time frames.
SMA-13 > SMA-34 > SMA-55.
Also current Close crossed Weekly 13 Upside
Volumes are low.
Keep it in the watchlist - enter once the breakout is seen.
CMP: 289
- Doji candles near Retest zone
- Similar setup to RCF; but RCF closed ~4% down today
- Let's see what CHALET does
- Entry near retest zone offers good Risk/Reward
Chart -> Chalet Hotels Weekly
As per chart, we can see a range breakout in Chalet Hotels with good volumes.
CMP: 298
Targets: 350 & 400
StopLoss: 220 on weekly close basis
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
This is follow-up on Chalet Hotels. Can check link to related ideas.
Target 2 achieved. More than 35%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
This is follow-up on Chalet Hotels. Can check link to related ideas.
Target 1 achieved. More than 20%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target:- 270
Stop Loss:- 203
Duration:- 5 to 6 Weeks
The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave step by step.
► ADVANCE PATTERN #21: CHALET ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly...
