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INDHOTEL

Indian Hotels Co. Ltd - falling wedge -LongThe chart of Indian Hotels Co. Ltd (NSE) shows a potential falling wedge breakout, which is a bullish reversal pattern that typically forms after a downtrend. In a falling wedge, the price action creates lower highs and lower lows within two converging trendlines, reflecting weakening bearish momentum. The pattern is considered complete when the price breaks above the upper trendline with increased volume, signaling a shift in momentum from bearish to bullish. In this case, the price has successfully broken above the upper trendline of the falling wedge. The breakout is accompanied by a strong green candle and a noticeable increase in volume, which strengthens the validity of the breakout. The increased volume on the breakout day indicates strong buying interest and raises the likelihood of continued upward movement. Additionally, the price is now trading above the 20 EMA, which reinforces the bullish momentum and suggests that the trend may continue upward. To estimate the potential target for this breakout, the height of the wedge at its widest point can be added to the breakout level. The height of the wedge appears to be approximately 100 points, giving a projected target around 883, close to the previous high. A reasonable stop-loss could be placed just below the breakout candle’s low or the 20 EMA, around 750, to manage risk in case of a pullback. If the price retests the breakout level or the 20 EMA and holds, it would provide further confirmation of the breakout. Overall, the chart reflects a bullish bias with a target near 883, supported by strong volume and technical confirmation.
NSE:INDHOTELLong
by PowerOfTA
Indian Hotels - Breakout Setup, Move is ON...#INDHOTEL trading above Resistance of 824 Next Resistance is at 1037 Support is at 651 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. 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.
NSE:INDHOTELLong
by MandeepSinghKohli
Indian Hotels - Breakout Setup, Move is ON...#INDHOTEL trading above Resistance of 651 Next Resistance is at 824 Support is at 509 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. 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.
NSE:INDHOTELLong
by MandeepSinghKohli
Indian Hotels - Long Setup, Move is ON...#INDHOTEL trading above Resistance of 509 Next Resistance is at 651 Support is at 391 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. 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.
NSE:INDHOTELLong
by MandeepSinghKohli
Indian Hotels - Long Setup, Move is ON...#INDHOTEL trading above Resistance of 432 Next Resistance is at 509 Support is at 319 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. 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.
NSE:INDHOTELLong
by MandeepSinghKohli
INDHOTEL - Ichimoku Breakout📈 Stock Name - The Indian Hotels Company Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 455. 🚨 Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert Excited about this analysis? Share your thoughts in the comments below! 👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation
NSE:INDHOTELLong
by nikunjbhadja
Indian Hotels - Long Setup, Move is ON...#INDHOTEL gave an entry at 178.80 on breakout. Has moved from 178.80 to 348.45 levels. It is now trading above Resistance 2 of 329.20. Next Resistance 3 is at 432. 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 your financial advisor before taking any trade.
NSE:INDHOTELLong
by MandeepSinghKohli
INDHOTEL Down to its 2 Year old support ??!!!!Chart pattern does pave way for the above titled opinion Reasons: 1. INDHOTEL has been trading inside an Ascending Channel pattern for the past 2 years , taking support and resistance at perfect levels till now. 2. Currently it is going through the Downswing move(in the form of descending channel pattern forming lower high and lower lows) inside the major ascending channel . 3. Weekly time frame chart below 4. Target & SL levels mentioned @ chart 5. Entry can be made after hourly breakdown out of the white trendline as shown below Let's wait & watch, how it moves!!!! Note- Just sharing my view....not a tip nor advice!!!!
NSE:INDHOTELShort
by mmjimm
YR 2022 Idea #165: Long on INDHOTELThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
NSE:INDHOTELLong
by Trabot_Solutions
Indian Hotels forms a cup patternFrom the base of the cup pattern, the stock price has shown positive intent and risen almost 17% in three weeks. It is trending above the 50 day EMA, with key resistance at 245. However, there is a chance we might see consolidation in the range between 245-230, but overall the stock looks bullish in the long term. And, like I said earlier, the key level to watch is 245. Given the formation of the cup pattern, the consolidation zone between 245-230 may develop into the handle of the cup and handle pattern. Will observe the price action here. Once this level is crossed, then we can see further positive momentum in the stock. Always define your stop loss. Note: Personal analysis. Not a buy/sell recommendation. Do consult your registered financial advisor.
NSE:INDHOTELLong
by TheUnlearningOne