#Eihhotel cash : Buy above 122.10 for 1 year#EIH Hotel cash -Positional call for 1 year
06.07.2021
Looks good above 122.10
stoploss 100
Tgt 160/190
Cmp 117.80
EIHOTEL trade ideas
EIH LTD possible BreakoutEIH LTD is trading in the channel for a long time, it formed a cup & handle pattern and given a breakout in the daily frame. Volumes are also looking good. Wait for a retest or channel breakout for a better risk-reward.
Education Purpose Only.
EIHHOTEL: A probable trade#EIHHOTEL (daily)
-A probable beneficiary from reopening of the economy and relief package.
-Breakout from cup and handle formation.
-No promoter pledge.
-Profitable hotel chain.
-Good buying volumes.
-Buy at CMP. Safe buy around 111.
-Targets are marked out in Purple.
-TF ~ 1-2 months.
-Stoploss daily close below 106.
Disclaimer: I am not SEBI registered. Personal opinion and charts that I share are for educational purpose only. Not recommendations.
EIH LTD - CMP: 116 Unlocking Effect...The stock is moving in a wedge. It has taken resistance at the upper trendline on the daily chart. All oscillators are in bullish bios. Relaxing in Lockdown will boost movement in the near term. for further movement, stock pricing should sustain above 122. Above 122, We can expect price movement up to 160 in the near term.
EIHOTELWatch out EIHOTEL in coming days.
It has formed a parallel channel for long. Price getting rejected at the upper channel part for 4 times. If it breaks, we can see good upside in the coming days. Initial target being 140.
Please do your own analysis before investing.
Cup and Handle Formation in EIH Ltd.EIH Ltd. is forming a nearly perfect cup and handle pattern. One can BUY around 114-115 when breakout with good volume happens and can expect up to 25-30% returns in the short-medium term. The target is around 144-145 (adding 31 points dip to the breakout level of 114 gives 145).
BUY - 114-115
TARGET - 144-145
SL - 103-105
Disclaimer - This is just for educational purposes. No recommendation is given. Trade at your own risk & will.
Any sort of feedback is wholeheartedly welcomed.
EIH Hotels potential breakoutEIH has been trading in the rising channel. The current resistance will be Rs. 120 for this week ( 31 May- 4 June). The hospitality sector has taken a big beating in the pandemic, so the price is essentially the minimum that we are getting. My target by the end of 2021 is Rs.160.
EIHotel Bullish on chart and Future is looking GoodEIHotel is almost Debt Free Company and due to Pandamic Hospitality sector is got hit a lot. once lockdown is opening and things will be good. these companies and sector can perform best in next 1 year future.
CMP: 113
Target: 130/160/200
SL: 103.50
View: Long Term
Bullish on hospitality Industry. EI Hotel - 23/05/2021EI Hotel can give good return both in short term and long term.
Buy above 100.
target 113 - 115 in a week. SL : 92
Target 125-130 in a month. SL : 85
target 160-175 in 6-8 months. SL : 85
EIHOTELNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
VCP, Breakout in EIHOTELWeekly Charts are far more reliable than Daily. Just look at the graph to understand why this stock may perform. Range expansion and breakout with good volumes.
Breakout in EIH hotelsA breakout confirmed by volumes. This stock fell straight down from 130 levels, so should get back to that level as the first target if the markets support. Hotels have had it bad, maybe the tide is turning now.
EIHotels Short Term IdeaBuy.....Buy....Buy...
Target : 110
Stoploss : 90
Buy On Every Dips
After Crossing 100 It Can Go Up Quickly
EIH hotels post covid positive movement expectedA very good entry point, Multi Bagger stock.
If crossed green trend line expect a very good break out for long position.
If crossed red trend line, short and expect correction.
My expectations is a very good upper breakout as covid vaccine is on way, most of people are looking for getting out for leisure time out. Eih hotel provides a price effective stay offers.
EIH Hotel! GOod Short TermGood Entry at consolidation required....
Dont Miss opportunity between 74 to 76....
for tgt 94
SL 70 WCBSL
[Basket] EIH LTD Descending TriangleAs per chart. Main buying reason is promoter buying shares as reported yesterday.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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EIH LTD - Symetrical TriangleTarget on the chart.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
