BUY - EIH LTD
CMP - Rs. 224
Target - 1: Rs. 296
Target - 2: Rs. 351
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Timeframe - 4-8 months
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Technicals - Cup Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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EIHOTEL READY TO BREAKOUT STOCK @227 on closing basis big breakout happened of break 227 on a closing basis. ready to buy 15 yrs breakout. I am sharing this chart for education purposes.
ROC based
Breakout with volumes
ROC based
Breakout with volumes
ROC based
Breakout with volumes
ROC based
Breakout with volumes
ROC based
Breakout with volumes
DISCLAIMER
Our video is intended only to provide general and preliminary information to traders/investor and shall not be considered as any investment decision. Do your own analysis, This is not a buy or sell tip. This is just for educational purpose only. And I'm not responsible for your Profit or loss as I'm not a SEBI registered financial advisor.
Soon to be a blockbuster Stock
Consolidation was happening and the moment it went down from 200day EMA it pulled back
The Steam is still pending
Anchored VWAP also indicating a stop loss of 185s
Aim to buy when the stock pauses
It has a typical behavior of pausing after an upmove
Flag Pattern Potential 35 to 40% upside
Inverted Head and shoulder in EIHOTEL In Weekly timeframe.
Expecting around 40% upside movement with Risk Reward 1:7. Stirct Stop loss at 198.30
Note: 227 is the hurdle.
Target1 : 250
Target2 : 291
tagret3 : 321
Holding Time is round 1 year.
EIHOTEL HAS GIVEN BREAKOUT OF Falling channel pattern can buy between 168-172 for target of 184 , 210 with stop loss of 154 for short to mid term duration
EIHOTEL has been taking resistance at 200-210 levels since 2008.
It is now approaching same levels again.
Person can enter around 205-210 based on weekly closing. It can move between 200-215 for sometime (1-2 weeks) and if it continue to consolidate at this zone, we are looking for good move ahead.
If this consolidate around 205-215, possible targets are 225, 235,...
CMP =205
Breakout with good volumes both on the daily and weekly charts.
RSI >70 (bulls territory)
182 level broken which was acting as resistance since sept2022, then stock consolidated and breakout given above 200 level.
Accumulate in the range of 205 to 200
SL for short-term trader 196, medium to long-term trader 181.
Fundamentally:- Strong not so good, with...
1. Stock has been showing good volumes on several days.
2. After making lower low, it has started moving in a box showing consolidation.
3. breakout above 175.5 with good volumes would be a great deal.
4. EPS for the Q3 Dec QTR had a huge jump, this qtr result can give a very good push to the stock.
NOT A RECOMMENDATION, ONLY FOR EDUCATION PURPOSE.
Stock Name - Eih Limited
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 193
#This is not Buy and Sell recommendation to any one. This is for education purpose...
EIHOTEL CLOSING 170.2 with stoploss 155 then targets are 184-199.
Buying Reason.
1 --> Price closing above 200 ema and 50 ema as a support.
2 --> #RSI is ready to cross 60.
3 --> #ADX is show the #Bullish move and +DMI is rise.
4 --> #Volume is Good and #Breakout.
5 --> Bolinger Bands are Open in #Positive side.
