INDHOTEL : Testing it's resistance turn support zone ACCUMULATION ZONE = 135-130
Stop-loss zone = 125
Target = 155/175
INDHOTEL
indhotel in buy zone this is at good support and fibnocci61level
this has been in consolidation and its time to boost
indhotel BOascending triangle breakout
it will be massive and hope it will break this green TL
in this week only
INDHOTEL is near Multi Month BreakoutBullish above 140 close level
Target 155
SL: 133
Time Frame : 15 days max
Risk is yours and Reward is too yours totally
#ICEMAKE 81.40 #Target 96(15%+) #stocks #banknifty #itc #HLVLTD#ICEMAKE
NSE: ICEMAKE
CMP 81.40
Target 1: 88
Target 2: 96
SL 74
RR Ratio > 2
Time Frame < 45D
Factors:
Inverted Head and Shoulder Pattern
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
INDHOTEL: BUY HOTEL TAJ AT ₹130Buy INDIA HOTELS at CMP for 165+, study rounding correction, support and resistance.
Price Action tradeLogic explained in the chart itself
~only for educational purpose~
Pls do comment if you have any query/Suggestion
INDHOTELBuy above 131 with SL of 123. Considering high volatility half position may be bought at CMP in anticipation of breakout. So that more room can be provided to stock for fluctuation with same risk %.
Indian Hotel, Long on daily chartIndian Hotel is looking strong for an upward movement on daily chart.
Probably missed the ideal Entry point of 118.5.
Entry : 122
Stop Loss : 118
Ideal target : 131
Break out possibility is high, but I personally will advise for an exit at 131 and re-entry at 132 with a possible target of 141.
Simple price action explanation. Not a recommendation.
Before trading, always consult with your financial advisor.
INDHOTELSince 07-12-2020 stock is under consolidtion after huge run up in short period of time. Again spike can be seen near 131 level and SL can be kept at 123 level
Cash Long IndhotelCash Long Indhotel
Why ? = Holiday season demand is picking and same is reflecting in chart
