LEMONTREE
Lemon Tree cmp 145.15 by Daily Chart viewLemon Tree cmp 145.15 by Daily Chart view
- Price attempting to sustain above Falling Resistance Trendline
- Resistance Zone 143.50 to 145.50 might become the Support Zone
- Bullish Rounding Bottom with the neckline over the above Price Band
- Volumes are seen spiking above the avg traded quantity in past few days
- Daily basis Support at 138 > 127 > 117 with the Resistance at 151 > ATH 158
KISS Trendline Strategy - LemonTree KISS
Had shared simple trendline strategy here - -
Lets check if LemonTree satisfies it or not -
1. Filter -
a. Stock price less than 5000 - True.
b. Should be liquid(good volume) - Weekly
volume in millions, True.
2. Time frame - Weekly
3. Find trend of the stock - Up Trend.
4. Check if its following a trendline. Should be at least an year long- Following this trendline since march 2023.
5. Check market sentiment - Check trend of Nifty.
Nifty in Up Trend.
6. BUY - on test of trendline - Buy near 140.
So, Lemontree has satisfied our strategy and has given buy near 140.
LEMONTREE - Long Setup, Move is ON..NSE:LEMONTREE
✅ #LEMONTREE trading above Resistance of 150
✅ Next Resistance is at 208
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
LEMONTREE | Swing Trade📊 DETAILS
Sector: Hotel, Resort & Restaurants
Mkt Cap: 9,883 cr
Lemon Tree Hotels Ltd is largest mid-priced and the third largest overall hotel chain in India. It operate in the upscale segment and in the mid-priced sector, consisting of the upper-midscale, midscale and economy segments. It delivers differentiated yet superior service offerings, with a value-for-money proposition.
TTM PE : 76.16 (Average PE)
Sector PE : 56.37
Beta : 0.81
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
6.39% away from 52 week high
Underperformer - Lemon Tree Hotels up by 5% v/s NIFTY 50 up by 7.27% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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LEMONTREE: Riding the Upward Wave 🔥Lemon Tree: Ascending Triangle Breakout 🚀
Lemon Tree, a major player in India's hotel industry, is making waves. 🏨🌟
📈 Technical Analysis:
The stock is exhibiting an ascending triangle pattern breakout, indicating a potential bullish move ahead. This formation suggests that the upward momentum could continue, presenting a trading opportunity.
🔍 What's Happening:
Lemon Tree, known for its hospitality excellence, is riding on positive sentiment. The ascending triangle breakout could signal a further rise in stock value.
📊 Trade Idea:
Consider a long position in Lemon Tree with appropriate risk management strategies. Keep an eye on price action and volume for confirmation.
(Note: This is not financial advice. Perform your analysis before making trading decisions.)
Stay tuned for more trade ideas and insights! 📈🔍
#TradingView #StockAnalysis #LemonTree #TradeIdeas
LEMONTREE - Long Setup, Move is ON..NSE:LEMONTREE
✅ #LEMONTREE trading above Resistance of 122
✅ Next Resistance is at 150
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
LEMONTREE for 15% (approx..) GainLEMONTREE HOTELS is showing symmetric triangle breakout and there is another reason to select that
now a days India is hosting "G-20" meetings and hotel's sector is most important for these.
CMP : 82
TG : 96
SL : Below 21 EMA
R/R : 3 times (Risk to Reward)
Stock's selection based on 5 Point Analysis :
1: Breakout.
2: Supported Volume, Delivery & VWAP.
3: 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: PE, PAT, Industry & peer PE and sector performance.
5: Entry Timing on 2 hour chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
LEMONTREE - Long Setup, Move is ON..NSE:LEMONTREE
✅ #LEMONTREE trading above Resistance of 96
✅ Next Resistance is at 122
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Lemon Tree looks goodChart -> Lemon Tree Daily
Downtrend wedge breakout with good volumes.
CMP: 83
Good range: 78 to 82
Targets: 89 and 96
SL: 76.50 daily close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
LEMONTREE - Ichimoku Bullish Breakout Stock Name - Lemon Tree Hotels Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 97
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Lemon Tree Hotels - Long Setup, Move is ON...#LEMONTREE gave an entry at 45.60 on breakout.
Has moved from 45.60 to 91.55 levels.
It is now trading above Resistance 4 of 89.
Next Resistance 5 is at 138.
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.