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....
BUY - LEMON TREE HOTELS
CMP - Rs. 93
Target - 1: Rs. 115
Target - 2: Rs. 135
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Technicals - Bullish Symmetrical Triangle
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This is just a view by an expert analyst, please invest at your own risk.
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📈 🚀Unleashing the Bull: Lemon Tree Hotels #lemontree breaks free after a period of consolidation, charging towards new heights!
Note: Charts are for educational purpose only
LEMONTREE 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:...
Nice expanding flat is visible in this particular stock, also has regular flat for entry purpose, keep it till it breaks the mentioned level it will reverse from that point to make down swing to complete pending structure.
Stock is moving in higher high pattern maintaining supportive Trendline and ready to give further BO with good volume buildup. Follow chart for proper support and resistance levels.
Chart -> 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.
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...
1) The stock is consolidating over 2 weeks .
2) Can go long once it breaks 88.50 .
3) Looks good for the positional target of 97.00
Note : Take entry only after the breakout
NSE:LEMONTREE
#NSE:LEMONTREE shared with you all when entering in to demand zone with proper markings on the chart.
Check out the T1 achievement, with a small retracement T2 can be expected.
NSE:LEMONTREE
#NSE:LEMONTREE looking to be solid Demand Zone, where the High Consolidation point.
Looking to be entering in to that zone to bounce back.
Complete levels with targets marked on chart !!
NSE:LEMONTREE
#LEMONTREE formed beautiful symmetrical triangle.
stocks trading @ Long resistance and BO may give good momentum.
Medium to long term good pick.
In a weekly chart there is a strong resistance breakout in lemontree. There is high chance price can go till 90(1st target) and next target will be 110. Stop loss below 55. All time high volume came at resistance breakout and price is testing 66 level. It is purely technical call please do your own analysis before investment.
Buy Lemon Tree Hotels for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡Expansion Plans:
The company has planned projects which will increase the number of hotels by 22 and the number of beds by 2,200. The projects are expected to complete by 2022 which will bring the company's network to 100+ hotels and 10,000+ beds in operations.
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✔️...
#lemontree
lemon tree hotels
Classing pattern of Support acting as resistance.
Looks like will break resistance this coming week.
Daily candles show and opportunity to take long entry till levels of 60.
clear uptrend once we break the resistance zone of 65-66 levels.
#vr
