ORIENTAL HOTELS : Chart Pattern Breakout#ORIENTHOT #Swingtrade #breakout #Chartpattern #Trendingsetup
Orienthot : Swing Trade
>> Inverse Head & Shoulder pattern
>> Trending setup
>> Good Volume & Strength
>> Good Risk Reward Trade
Swing Traders can lock profits @ 10% and keep trailing
Note : In Current Market Scenario, Breakouts can easily fail so Trade Good Setups with Proper Risk Management and Position sizing
Disclaimer : This is not a Trade recommendation, Charts Shared are for Learning Purpose
ORIENTHOT
Oriental Hotels - Breakout Setup, Move is ON...#ORIENTHOT trading above Resistance of 156
Next Resistance is at 211
Support is at 102
Here are previous charts:
Chart is 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.
ORIENTHOT - Ichimoku Breakout📈 Stock Name - Oriental Hotels Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 163.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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Keep an Eye - ORIENTHOT📊 Script: ORIENTHOT
📊 Sector: Hotels & Restaurants
📊 Industry: Hotels
Key highlights: 💡⚡
📈Script is trading at upper band of Bollinger Bands (BB) and giving breakout.
📈MACD is giving crossover.
📈Volume is increasing along with the price which is volume breakout.
📈Current RSI is around 62.
📈Keep an eye on Script, it may give breakout above 130.55 price.
⏱️ C.M.P 📑💰- 130.35
BUY ONLY ABOVE 130.55
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
Keep An Eye - ORIENTHOT📊 Script: ORIENTHOT
📊 Sector: Hotels & Restaurants
📊 Industry: Hotels
Key highlights: 💡⚡
📈 Script is trading in consolidation zone from last 17 days, 140 is resistance level.
📈 We may see rally above 140 level.
⏱️ C.M.P 📑💰- 134
🟢 Target 🎯🏆 - 153
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
ORIENTHOT | LONG | SWING | NSE:INDIA | ANALYSISPoints to consider
Trend is Upward.
Consolidation after Upward move.
Staying above the trendline after a good breakout on DEC 1st.
WATCH if there is any sudden spike towards up.
Buy If,
Breaks 127.9 and Support trendline with good volume.
RSI breakout conformation
Any other conformation
ORIENTHOT - Long Setup, Move is ON..NSE:ORIENTHOT
#ORIENTHOT gave an entry at 64.20 as shown in chart below
Has moved from 64.20 to 81 levels
It is now trading above Resistance of 81
Next Resistance is at 102
Here are previous 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
Oriental Hotels... breakout!!!On Friday, Oriental Hotels broke out from the resistance level of 70 to close at 73 levels, on good volume and with a bullish candle.
If it sustains the momentum, we might see the price levels of 88. On retracement, 73-70 levels can be good accumulation zone.
Strong support for the stock is visible at levels of 62, below which one needs to be cautious.
Also, this stock is a low liquid stock.
Define your strict stop-loss at 5-8% depending on your risk management.
Note: Personal analysis. Not a buy/sell recommendation. Consult your investment advisor.