Indian 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...
Following the trendline properly, can continue doing so.
Look fresh in range 120-127 for upside 154 with SL 108..!!
The upward pattern in this chard should continue in long run.
Decide Entry & Exit Levels.... Self Study
Indianhotel breaks the pattern target is 110.
Correction looks to be over. Should start moving up.
Cash Long Indhotel Why ? = Holiday season demand is picking and same is reflecting in chart
INDHOTEL weekly charts is setting up well. On close above 110, it can be a good long candidate in my view. Ideally, I would have to liked to buy 90-92. But it didn't show up in my scan then. :|