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Investmentidea

Indian Hotels a longterm buy. Can keep accumulating.Chart Analysis . As we can see stock has done nothing since the end of previous Bull Run in 2006. Stock made 3 Lows out of one which was a higher low . Interesting is the volumes with which it made a Higher Low during March 2020 Fall . It clearly shows the dip was aggressively bought. Volumes are highest since 2006. After 15 year long consolidation a good breakout is expected. Overall it looks a tempting buy. Dips to be used to accumulate. The Covid 19 issue. If the fundamentals the hospitality sector have worsened as many people think, then it wouldn't have made a higher low and that higher low wouldn't have been bought aggressively. Soon things will get better for the hospitality sector. Every crisis is the beginning of a bull market. Risk Management. I wouldn't park more than around 15 % of total investments for this stock. Once would review my position once it falls down till 70-75 area. That will be my stop loss level. Overall risk is 7.5% on my portfolio. Clear definition of my risk before entering the trade.
NSE:INDHOTELLong
by varadtambolkar
Inverse Head & Shoulder - Right Shoulder on the WayPositional & Investment Pick !! Please also go through my post dated 29th May related to Dr. Reddy, the link has been attached herewith. It was clearly suggested that there may be correction towards 4400 levels. It took time but eventually it did correct. 4400 levels almost was tested and it bounced back from support around 4440 levels. Expecting Right Shoulder to complete now. Keep Accumulating for targets suggested on charts.
NSE:DRREDDYLong
by mastermukund4