EASEMYTRIP trade ideas
Easemytrip - Unlock TradeWith the world starting to open up and travel increasing..Easemytrip could be a beneficiary.
Its competitor charges all sorts of convenience fees and they could slowly eat into that market share. Personally i use it more than makemytrip these days.
Technically the stock is on the verge of a triangle breakout.
Long above 300. SL 280.
Ease Your Trip!I just came across a post that connects the 'Closing of a Green candle' with the 'Opening of a Red candle' stating a Breakout. This is completely and utterly wrong in terms of analysis!
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Go easy on the 'Buy' button because there are multiple resistance points.
The stock might take support anywhere from 582 to 590 before moving up. If it doesn't you can expect it to fall to ~550.
Your best bet would be to wait and see on how this performs on 'Monday'!
Patience is key! Develop it when you trade!
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This is not a recommendation though. Trade as per your knowledge and your risk appetite.
And do not base your trade on what I give. Please do your own research before investing!
I don't post as often but when I do, the trades are potential movers for the week! So trade and book your profits accordingly.
Happy Trading!
Ease my trip setting up goodDISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publish this
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
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perfect channel pattern & hidden linethis script following a rising channel pattern from long time. there is hidden trendline for taking breakout trade.
for BTST trader target is 615 or 4-5%
for swing trader target is 665 or 14-15%
swing trade may take around two weeks for taking target
Always trade with STOPLOSS
Do follow me for more potential chart
thanks you