Holiday season is hereVacations season is back hence Indians will travel again and this time even more. NSE:LEMONTREE is ready to breakout again. How beautiful is this!
Hotels
EIH retesting breakout levelEast india hotel has retested the breakout level of Inverted head and shoulders.
Above 240, stock can test 270, 300+ levels.SL is below 210 DCB
NIFTY is at a strong resistance of 19400. Any swing trade at this point is risky.
Idea shared for educational purposes.
ITC : Trend analysis, Daily chart Long or Short ITC, One of the ICON of Indian Stock market . It's one of the stocks which is performing exceptionally well in comparison to MNC's like Reliance, TCS etc.
Even after the fall of 10% from the recent highs, the stock is still on undecisive on trend. As there are no strong supports till the price levels of 370 we can expect a another 2-3 months of consolidation till 410. Once if the 410 levels are broken we can buy at 370 levels which is a 25% from all time high. As a high standard stock we can expect another 5-10% fall and then to rise again to new highs irrespective of Indian market giants.
EASE MY TRIP : BreakoutEASE MY TRIP : Easing towards breakout , 1:3-4 R:R possible , trad only when in green around 48.
With Revenge travel with a vengeance, Hotels and Ticket prices are going through the roof , Summer is the travel time across the world and this will benefit the company
INDHOTEL- 5th Wave Candidate heading for 360+++Attached: INDHOTEL Daily Live Market Chart as of 26th April 2023
An Ending Diagonal in Wave 4 marked as ABCDE and then Price has been moving Up since then, close to its All Time High
Look at Peer Hotel Stocks, they are also making New 52 Week Highs and Breaking Out so Indian Hotels too should follow the Hotel Sector in its journey up
Upside Target:
north of 360
and then take Reverse Fib Level of 4th Wave:
1.272
1.382
1.5
1.618
Sinclair hotel#sinclair
#sinclairshotels
Looks good on weekly charts
Gave good breakout on daily charts
It's a bit late entry so can add partial qty and trade.
#vr
Advani Hotel Near 7.5 Year Mega BreakoutAdvani Hotel Near 7.5 Year Long Breakout
If It Close Above 90 On Weekly & Monthly Time Frame Then It Will Be A Confirmation.
After Confirmation Use Dips To Buy It.
Cmp - 93.4
SL - 65 (Weekly Closing Basis)
Target - 130/155
Lemon Tree Hotels ready for the uptrend!🤩💸🔥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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Like, Comment & Share 😄😄😄
Lemon tree approaching breakout#lemontree
lemon tree hotels
Classing pattern of Support acting as resistance.
Looks like will break resistance this coming week.
Daily candles show and opportunity to take long entry till levels of 60.
clear uptrend once we break the resistance zone of 65-66 levels.
#vr
Hotel Stocks Likely to Finance Your Next Stay: Asian HotelsLevels & target with CUPANDHANDLE pattern are mentioned on the chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
#investing #StockMarket #StockIdeas #StocktoWatch #Stocktobuy Royal Orchid Hotel
After correcting, stock moving up slowly, Rounding bottom pattern can be seen.
Price at major Resistance level may break seeing Volumes.
Entry can be above 110 levels on a closing basis.
Also, 111 is a major Fib level, if it breaks can go up to 135 levels ie fib 50%.
Target can be 10-20% on a trailing basis, upuo 120-130 levels.
SL will be 95 on a closing basis.
Unlocking theme still plays, so hope for this script.
Above levels are for Education purposes only, please do your own analysis before any trade.
Easy Money with EASEMYTRIPStock coming out from a consolidation of 4.5 months. great Risk-reward
Covid ending and Travelling to boost again?
LEMONTREE Multi Month Breakout in Weekly ChartsThe Chart is self explanatory. The breakout is visible clearly with Volume Support.
*** This is just for Educational purposes. I am a learner too. I am not SEBI Registered. Kindly do your own analysis before taking trade.***
INDIAN HOTELS RETEST AND BOUNCING BACK!!!From the chart, it is evident that the stock took support at previous resistance of 191-195. After taking support at the mentioned level, it has completed retest and is moving back up. I am bullish on the stock for the next few weeks as it can give a great upside movement.
INDHOTELIt has given a good break out with very good volume.
buy- CMP
Target- 220 for Diwali.
Target- 260 for December.
SL- Buy on Dips.
Lemon Tree hotels breakout on weekly chartLemon tree hotels share is going to break its weekly resistance with huge volume showing a good breakout and going for its highs
Indian hotels is about to wear the Taj of good returns1.In Sep-21 Indian hotel did highest ever volumes since its listing.
2. Break out from 20 year channel
3. Break out with volumes is a very bullish sign for the stock to maintain momentum
4. Looks good for 20-40% return in 3-6 months
5-Star Investment Idea?More than a 15 year breakout if it closes sept above the line.
Unlock theme in full swing.
ADVANI HOTELS--> Solid upside potential after breakoutThe above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
