EIHOTEL for positional tradeThis is only for education purpose only. Please check your own analysis before you take a trade
EIHOTEL trade ideas
#EIHOTELCompression on Daily is broken wt the upside trigger at 162.
Crossing the same the stock surged to 191 and cmp is 187
Simple range bound stock was broken upside with strength after compression
Dual breakout in EIH !!!!EIHOTEL has finally given the range breakout with a level breakout
above 145 with rising volume supporting the breakout.
RSI breaching above 60 again a positive indication.
By giving this breakout it has unlocked the level of 158 and 177.
A huge upside available.
#Enjoy_trading
EIHOTELsymmetrical triangle break out and now the covid situation is controlled we can bet on hotel sector.
#KASH POSITIONAL STOCKEIH the stock looking good at the current price, if it manages to sustain above the 150 level then we can see a good move in the stock and it can go up to 200 level in positional trade.
This is just my view, not any recommendations. Please do your own study before any trade. I may be wrong at any point in the time.
EIH Hotels - Long Term BreakoutEIH Hotels looks good in volume and RSI bullish divergence and also on line charts the stock have given a breakout of symmetrical triangle so it looks good buy
NOTE - THIS IS JUST FOR EDUCATIONAL PURPOSE AND TRADE WITH YOUR OWN RISK AFTER CONSULTING YOUR ADVISOR
EIHOTELCMP: 147
Trading in a rising channel almost from 2 years.
Near long term resistance.
Breakout above this may open up for 170, 200+
Trendline Breakout for more than 5%DON'T HAVE TIME TO MANAGE YOUR TRADES? | Trendline Breakout in EIHOTEL
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
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
Buy Today, Sell Tomorrow: EIHOTEL for more than 5%
EIHotels [2-hours]Very likely on the path to a Breakout. Continuous formation of Higher Lows suggest buyers stepping in at almost all price points.
Stock also looks strong across most TFs except for the Daily. However, this could trend like Tinplate.
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Market is volatile. So take your trades with a little caution.
Happy Trading!
EIHOTEL - 30% gain potential1. EIHOTEL has been moving in the parallel channel for the last, almost 2 years.
2. If we observe, can clearly see the phases of impulse and correction. Currently, the price seems to be completing the corrective phase.
3. If we see the daily chart, the price seems to be under contraction, indicated by the back-to-back formation of inside bar candles.
4. Recently, the price bounced off the 200 MA cluster, which is also a sign of strength.
5. The 200 MA cluster has acted as a support a lot of times in the last year. Hence, I am Long biased.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Chart Analysis of EIHOTEL (7 Dec 2021)Uptren still intact. Bounced back strongly from support levels.
Target : 136,150
SL : Below 120 WCB
Only for educational purpose.
FY21-22 Swing Trade Idea #200: Long on EIHThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
EIH - Covid Open themeWith the holiday and wedding season upon us and international travel still not fully open expect Indian hospitality to have a bumper time..
EIH long at CMP with SL below 140.
EIH hotel : price volume analysisNSE:EIHOTEL
1) price moving up on back of huge volumes, sudden institutional interest in the stock
2) consolidation on very low volumes, supply being absorbed, forming a volatility contraction pattern.
most day's have very tight closing and volume has dried up completely
3) BO from this range, again with heavy volume activity
#EIHOTELThe stock has given a strong breakout on weekly as well on the daily time frame
145-150 Looks minor resistance/ supply zone
after a long time of consolidation, the stock has given volume supported breakout.
one can look for a swing long after sustaining above 151
1st target will be 180 and SL 120
the rally has seen all other hotel services related stocks stocks
EIH Hotel - Go long around 100Wait for touching the rate at the lower part of the channel. look for a pin bar or hammer. Go long with sl at low of pinbar or hammer
EIH reaching a crucial resistance areaEIH has reached a crucial resistance area in the monthly chart. Expect a breakout or pull back from the zone.
EIHOTEL has broke resistance may act as support , Risky StockI will buy EIHOTEL because :
The price is going to brake the resistance.
It showed a good move upwards before breaking Resistance.
The price is now at support the resistance may act as SUPPORT.
Entry : 125
Target : 211
Stop loss : 100
TRENDLINE BREAK IN EIHOTELEIH has broken trendline in daily time frame with good volume. Delivery percentage during august is very good indicating accumulation.
EIH: Heavy volumes and ready to break outOnce it crosses 117 with heavy volumes, it could give good returns.
