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ITC Hotels Ltd - Chart pattern analysisThe full chart pattern analysis for ITC Hotels Ltd. chart you shared 👇 Technical Analysis (Daily Chart) Current Price: - 233 (+1.82%) Trend: Stock has been in an upward channel (red dashed lines). After touching - 260+zone, it corrected and is now consolidating. Support Levels: - 220.90 (strong support, recent bounce zone) - 216.75 (channel support) - 204.50 (major support, breakdown point) Resistance Levels: - 243.00 (immediate hurdle, previous swing high) - 260.00 (upper channel resistance) - 280+ (if breakout sustains, long-term target) Pattern: Stock is moving in a rising channel and now forming a sideways consolidation. A close above - 243 can resume uptrend; below - 216 may lead to deeper correction. Fundamentals Snapshot (Competition vs. ITC Hotels) (Hotel industry peers: Indian Hotels (Taj), EIH (Oberoi), Lemon Tree, Chalet Hotels) Company P/E Ratio P/B Ratio Debt/Equity ROE Net Profit Margin ITC Hotels Ltd - 28x - 3.5x Low - 12% - 8% Indian Hotels (Taj) - 45x - 6x Low - 14% - 10% EIH (Oberoi) - 55x - 4.2x Low - 10% - 7% Lemon Tree Hotels Loss-making recently - High Negative Negative Chalet Hotels - 75x - 6x Moderate - 9% - 5% Key Observations: -ITC Hotels trades at a cheaper valuation (P/E 28x) compared to peers like Taj (45x) and Chalet (75x). -The balance sheet is debt-light, which is a positive. +Margins are stable but slightly lower than Taj. -Strong backing of parent ITC Ltd. makes it relatively safer than standalone hotel chains. 👉Disclaimer-: This is an educational analysis based on publicly available data and technical charting. It is not financial advice. Please consult your financial advisor before making any investment decisions. Stock markets are subject to risks. #ITCHotels #StockMarketIndia #TechnicalAnalysis #HotelIndustry #LongTermInvesting #NSEStocks #BSEStocks #SupportAndResistance #SmartInvesting #StockMarketEducation
NSE:ITCHOTELSLong
by Global_Growth_Mentor
Eve-Adam Pattern Forming? A Rare Double Bottom Pattern Explained📉 Pattern Study (Not a Buy/Sell Tip/Not Forecasting anything) On the weekly chart of Mamata Machinery Ltd, we’re potentially witnessing a classic yet uncommon pattern — the Eve-Adam Double Bottom. 🔍 What is the Eve-Adam pattern? 🧑‍🦰 Eve Bottom: Broad, rounded, and forms slowly with increased volume — showing gradual accumulation. 👦 Adam Bottom: Sharp, V-shaped recovery with relatively lower volume — a quick retest signaling renewed demand. 📈 What makes this setup notable? -A clear Eve structure formed over several weeks. -Volume started rising visibly into the breakout, especially during the right-side thrust. -A possible Adam leg is being projected based on the symmetry of the pattern. 🟡 Additionally, a rounding base / cup-like structure preceded this, which may act as a broader accumulation phase. 🔄 This isn’t a forecast or trade call. It’s simply a chart observation intended for pattern study and educational analysis. 📚 Patterns like these are rare — but when supported by volume confirmation, they deserve attention from a learning standpoint.
NSE:MAMATALong
by Averoy_Apoorv_Analysis
3
Setup – Watch This Triangle Breakout! 🔺 Nifty50 Triangle Breakout – Big Move Loading? 📊 📆 30th April | 15-Minute Chart Nifty is tightly squeezed inside a symmetrical triangle, and a breakout or breakdown looks imminent! 🔍 Levels to Watch: 📈 Breakout Above: 24,371.60 → Possible Level: 24,395.20+ 📉 Breakdown Below: 24,313.55 → Possible Level: 24,290.40- 📊 Volume is compressing – this usually signals a powerful move ahead. Wait for clear candle confirmation with volume before entering. 🔔 💬 Patience pays. Trade the breakout, not the noise!
NSE:NIFTY
by simpletradewithpatience
ONGC I OIL Burning Bright : Inverted H&S Pattern!!Hello Traders, - ONGC is trading at a place called AOI (Area of Interest) A place from where price usually reverses. - 218 levels is acting as a strong support pushing prices higher after a intraday low of about 3% making a big pin bar candle on 1D chart - Inverted head and shoulder on 15m timeframe. PRO TIP/- The Entry Line is the Neckline of the inverted Head and shoulder. Target 1:- 228 Target 2 :-231 Entry Criteria Strong Close above Entry Line (225) 15mins TF Stoploss Entry Candle Low (not more than 0.8%) Not an Investment Advise
NSE:ONGCLong
by REUBEN_EUSTACE
Cup & Handle Chart Pattern Breakout | APLAPOLLO⭕️ Price Action Analysis Alert !!!⭕️ FOR EDUCATION PURPOSE ONLY!!! ✅Overview of APL Apollo Tubes Ltd. 👉It is India’s leading manufacturer of structural steel tubes and hollow sections, widely used in construction, infrastructure, and industrial applications 👉Focused on substituting traditional building materials with advanced steel solutions. ✅Fundamental Analysis 📍The company maintains healthy profit margins due to cost-efficient operations and strong pricing power. 📍 Managed to keep its debt under control, maintaining a strong balance sheet. 📍High ROE and ROCE 📍Stock valuation due to strong growth potential, market leadership, and consistent performance. ✅Technical Analysis: 1️⃣Cup&Handle chart Pattern Bo 2️⃣Supporting Volume 3️⃣Supporting EMA 4️⃣BO Confirmation 5️⃣Strong Support ✅Check out my TradingView profile to see how we analyze charts and execute trades. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:APLAPOLLO
by ReviveTraders
SHILPA MEDICARE : Breakout Candidate - Swing Pick#SHILPAMED #breakout #chartpattern #vcppattern #trianglepattern #continuationpattern SHILPAMED : Swing Trade >> VCP pattern Visible >> Ascending Triangle Pattern which is a Continuation pattern >> Trending Setup >> Good Strength & Volumes >> Low Risk High Reward Trade Swing Traders can lock profit @ 10% and keep trailing Note : In the Current market scenario, Setup's can fail easily so Trade only best Setups with Good Risk Management and proper Position Sizing Disclaimer : This is not a Trade Recommendation, Charts shared are for Learning Purpose. Do not take Positions without consulting ur Financial Advisor
NSE:SHILPAMEDLong
by moneyfesttrading
1
Kabra Extusion : Breakout Candidate#kabraextru #swingtrade #breakout #TWS #chartpatterns #trendingetup Kabraextru : Swing Trade >> TWS = Big Players Present >> VCP formation Visible >> Breakout Candidate >> Good Strength & Volumes >> Good Upside Potential Swing Traders can Lock Profit at 10% and keep trailing Note: In Current Market Scenario even best of Setup's can FAIL, Hence Trade only Good Setups with proper Risk Management & Position Sizing Disclaimer : This is not a Trade Recommendation, Charts Shared are for Learning & Study Purpose.
NSE:KABRAEXTRULong
by moneyfesttrading
1
Reversal Broadening Wedge pattern in BANKNIFTYBANKNIFTY INDEX Key highlights: 💡⚡ 📈 On 1 Day Time Frame Banknifty index Showing Reversal of Broadening Wedge Pattern. 📈 It can give movement upto the Reversal Final target of Above 49340+. 📈 There have chances of breakout of Resistance level too. 📈 After breakout of Resistance level this Banknifty index can gives strong upside rally upto Above 51957+. 📈 Can Go Long in this Banknifty index by placing a stop loss Below 45807-.
NSE:BANKNIFTY
by TradZoo
Berger paints : Ready to Fire#bergepaint #paintstocks #swingtrading #momentumstock #patternbreakout #Trianglepattern #bergerpaints : Swing trade >> Breakout Candidate >> Stock just above the Supply zone >> Beautiful Triangle pattern Visible >> Good Strength in stock Swing Traders can lock thier 10% profit & keep trailling Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:BERGEPAINT
by moneyfesttrading
4