📊 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.
⏱️...
📊 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...
Points 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
Detailed View about this Breakout:
No.of Resistance: 5
No.of Support: 5
Consolidation Days: 600+ Days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
Also this recommendation/presentation and all future ones are & will be only for learning purpose.
Please consult your financial advisor before investing.
Thank you.
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...
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,...
