Chalet second attemptShowing strength nr life time high
a very good sign of possible breakout.
Can wait for breakout or enter with SL of 342
upon break of life time high target of 600 is possible in 3~6 months.
CHALET trade ideas
CHALET - Out of SqueezeCHALET NSE:CHALET
Looks like it's out of Squeeze and closed above the previous week's high.
Monthly and Weekly trends changed to Positive.
On Weekly time frame, SMA 13> SMA 34> SMA 55 and currently Close crossed W13 Upside
On RSI - M:66.3 WK:55.1 D:61.4 (Raising)
Add to watchlist - should see the good upside.
Possible targets - 393, 415, 478.
Multi time frame Buy signals in CHALETStudy:
1. Cup pattern breakout retest on weekly chart.
2. Bounce from trend line support on daily chart .
3. Short term trend line breakout in daily chart .
4. Multiple bullish candle stick patterns on daily support.
4. Symmetrical triangle breakout in hourly chart .
Targets: Mentioned in charts
SL: For T1 is low of current swing.
SL for other targets will be low of previous swing
CHALTET HOTELS TO GO LONGChalet hotels to take a long entry above 370 for the next target level of Rs 400-405 with SL of 345-348. Good risk-to-reward ratio. Stock is trading near the 50 EMA Levels & with a high probability that stock will move up from the current level. currently, the chart is forming a hammer pattern in the last two sessions. This is for your educational purpose only.
BREAKOUT STOCKStock is ready for running.Breakout level after huge consolidation and ready for life time high
Chalet Good BO#Chalet Showing a good BO abv long term resistance area.
Can be added for 420/460/490 SL 335
Rising channel pattern in chaletThe sector is in good position and with some influx of foreign tourism should rise in Q1 and Q2. Technically the channel has been respected for sometime and can be played for few % gains if kept under track.
Rest more or less chart is clear
CHALET HOTELS TARGET 401CHALET HOTELS near to breakout strong raising wedge resistance 348. If it breaks, the first target 367, if it sustains above 367, it will reach 401
CHALET- Short Term :Bulls Counter attackCHALET- Short Term :Bulls Counter attack , up trend as long as it sustains above 326 on closing basis. Potential targets - 366
Intraday Trade: darvas box breakoutbuy above 335 in intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
CHALET HOTELSChalethotel stock is rising in an uptrend forming higher highs and higher lows which is the basic definition of an uptrend. Stock has given a breakout on the weekly time frame and can be bought on cmp for the Tgt of zone of 380-400 in the coming weeks. Stop loss should be 290.
Chalet hotel Above 350 in weekly it can make a new high and in this down market also its holding good with volume
Buy Today, Sell Tomorrow: CHALETDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Rounding Bottom Breakout in CHALET
Buy Today, Sell Tomorrow: CHALET
Chalet Hotels Ltd. (Swing trade)Parallel Channel Breakout on Daily Timeframe
Target 1- 349
Target 2- 377
Chalet Hotels this is good or not ?NSE: CHALET
If Breaks Then The Targets could be Taken at 360.10
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
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Made By MAYANKTECHRESEARCHING
chalet - rectangle box patternbox pattern when break buy at top of box target will be length of box stoploss will be breakdown of box
CHALET -- Watch list for Breakout Closed with Bullish Engulfing.
20 SMA closed above Daily, Weekly, and Monthly time frames.
SMA-13 > SMA-34 > SMA-55.
Also current Close crossed Weekly 13 Upside
Volumes are low.
Keep it in the watchlist - enter once the breakout is seen.
Good Pattern This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
CHALET | Triangle / Trendline breakout looks potential for 15%CHALET | Triangle / Trendline breakout looks potential for 15%
CMP : 316 (Dip : 310)
SL : 295
Target : 360
1:3+ risk reward setup
Chalet Hotels Ltd-Symmetrical Triangle Pattern Breakout.Swing Trade-Chalet Hotels Ltd-Symmetrical Triangle Pattern Breakout Daily Time Frame. Only Education Purpose.
