From 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...
📈 Indian Hotels 📉
It broke out from Resistance Zone of 220-225 and it also closed above high of Oct 2021 with strong green candle. So I am biased on long side.
On Buy Side I am looking for Targets of 290.
StopLoss should be kept at 219.
It offers 1 : 2 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing...
Vanakkam Makkale, this is vijay. Yep we all know that Nifty in consolidation mode and our only way to make profits are option selling,swing trade under stock specific and finally none other than investing for long term.
Indian hotels looking nice in weekly makkale,focus and also do your own analysis too.
NSE:INDHOTEL
After giving such a great move now stock reaching towards resistance. whoever already long in this can book profit if find reversal in PRZ and one can take new entry for short as well.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic...
Chart -> Indian Hotel Daily
As seen per chart, a symmetrical triangle breakout has been done with good volume buildups.
CMP: 227
Targets: 277 & 310
StopLoss: 180 on weekly close basis
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
Currently the stock has discounted 13% from all time high levels.
Indian Hotels (Daily):
1. Gave the closing above 20 Days Exponential Moving Average
2. Descending Triangle Breakout
3. Good volumes on Breakout
View Point:
1. Entry after Breakout Retesting
Addl Points:
1. FII/FPI have increased holdings from 13.48% to 15.19% in Dec 2021 qtr.
2. Mutual...
NSE:INDHOTEL
Observations:
1) On 1hr time frame, we can see formation of head and shoulder pattern.
Major support range is 191-194 level.
Below this range it can become bearish.
Please refer below chart : 1hr Time Frame.
2) On 15min time frame, we can see a broad resistance channel.
Please refer below chart : 15min Time Frame. ...
Indian Hotels break happened in Monthly with broken all time highs
Weekly with multiple resistance broken out
Daily trend line broken and retest happend ( with 200 DMA taken as support )
Probability of going long !!
Indian hotel form w pattern in daily timeframe . Rsi above 60 , we see some good momentum , take entry after breakout .
Tgt 1 - 211
Tgt 2 - 220
Disclaimer : Educational purpose only
The stock is about to breakout of Flag Pattern. It's very good for tomorrow's intraday and Swing trade.
Bonus Tip: The momentum is good in all other related stocks like KamatHotels, EIHAHotels, EaseMyTrip etc.
Indian hotel is on fire after a strong uptrend INDHOTEL again give's buy opportunity also RSI shows bullish momentum we will enter in this stock after re-test at 190 and our Target will be 240,250+ and our Stop loss will be 175.
The 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.***
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.
Multi year fresh breakout done(use dips to add)
Good area to enter is near 150-165.
Avoid below 140
Target 200-228
Disclaimer:- Chart is being prepared only for educational purpose.
The weekly charts for the stock shows an inverted head and shoulder pattern that ha clearly broken out.
Can u believe that it moved more than 41% . It also had taken out a major previous resistances since 2008 and 2018
while breaking out. The price momentum and trend indicators are bullish on every timeframe.
An entry could be made on daily retracement candles and...
![INDHOTEL: Simple Trade Setup | INDIAN HOTEL | 02-03-2022 [INTRADAY]](https://s3.tradingview.com/m/mEK763OK_mid.png "Simple Trade Setup | INDIAN HOTEL | 02-03-2022 [INTRADAY]")
