5-Star Investment Idea?More than a 15 year breakout if it closes sept above the line.
Unlock theme in full swing.
Indianhotels
INDIAN HOTELS long and short callNSE:INDHOTEL
Please verify with indicators before buying
Disclaimer: I'm not a Sebi guy.
Strong resistance at 139Price is rangebound as of now though being in a rising channel. There is a strong resistance at 139 from which the price has been rejected once. MCD is showing bearish cross over even though RSI is oversold. Price just tested the 50 EMA. In the past whenever the price touched this level, it showed a huge fall. Wait for it to break resistance and test 139 as support. Might fall out of the rising channel. Overall I am bearish on this. Message me if you want faster updates.
DAILY SWING CALL // Tuesday 16th of Febr 2021 / NSE: INDHOTELDAILY SWING CALL // Tuesday 16th of February 2021 / NSE:INDHOTEL
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 131.95
TARGET: 152+ (15% Around)
STOP LOSS: 120 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Big Bull run in INDIAN HOTELS , keep your eyes on it.Take a position within 5-10 Days.
Message if there is anything wrong.. Thank you.
Nifty Outlook for Thursday, 13th August | 50x InvestmentsNifty - Technical Analysis:
Nifty had a gap-down opening today but tried to fill the gap through the course of the day. The intraday trend was bullish.
Nifty once again took support around the 11240 levels but there is no clear momentum direction yet as indicated by the ADX indicating a week 14.61.
Market - Driving Factors:
Travel and Tourism stocks ended up today after Russia announced progress on a COVID vaccine. IndiGo ended over 10%, Spice Jet over 6%, Indian Hotels 4.61% and EI Hotels almost 2% higher.
Nifty PSU Bank index and Nifty Media index were the biggest gainers today and ended 2.7% and 2.37% in the green respectively. Nifty Pharma was the biggest loser today, ending 1.55% in the red.
Gold continued to slip and has now fallen around 7% in the last 5 days.
Nifty - Outlook for Thursday, 13th August:
There is no clear direction as to where Nifty might head in the short term. More details from Russia and WHO regarding the vaccine might give a direction to markets.
The fall in precious metal prices is an indication that an influx into equity might be occurring soon. This is a positive sign for markets. This coupled with the fact that the USD is expected to weaken puts India in a good position to receive FII investments.
