Hi, NSE:INDHOTEL has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on daily, weekly and Monthly time frames. RSI is also on the bullish side on daily and weekly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry,...
NSE:INDHOTEL Indian hotels Ltd. Swing Entry close above- 330.5 1. Price took support at the daily trend line, and bounced. 2. Fib retracement level of 50% 3. A close above 330.5 will trigger a bullish continuation as the price has formed a rectangle range, forming a base for a major move. Next resistance is around 348 if it breaks then 387 And followed...
Looks like a great breakout in the indian hotel counter which is already in an uptrend. Good chance that we continue to see the upward momentum as the stock is breaking out from another continuation pattern which has been marked as a rectangle.
Indian Hotel breaks rectangle with huge volume trading above all key ema educational idea only
Please wait for confirmation on either side before taking trade.
Indian Hotels is now moving towards the life high on back of slow intent buying Wait to pick up stock / call options on reversion back to 21 EMA - around 332 Dont chase this stock as it goes higher - prefer to take a position lower and then wait it out Stop loss is around 315 for a target of 365 Weekly squeeze is also firing to the upside so this trade...
Stock is trading with higher high pattern maintaining supportive trendline, favourable risk reward, follow chart for proper entry.
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.
INDIANHOTEL seems to be good in weekly time frame Target 260 above If sustain above 260 we can expect more upside
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...
educational idea we expect the stock May go for given target levels to inspire us,Please like the idea If you agree with the analysis
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 !!