INDIAN HOTELS looks moving in a currently established trendINDIAN HOTELS looks moving in a currently established trend
INDHOTEL trade ideas
Potential breakout - Channel patternStock moving in a channel pattern. Took 61.8% support & moving up. Now near to a short term trend line breakout. After that, if it breaks next Resistance, only then huge targets.
INDIAN HOTEL- BUYStock moving uptrend near 50DMA and also near support of trendline.
Maharashtra govt will give permission soon to start restaurants
INDIAN HOTELS "TRADING IDEA"*ALL MY IDEAS ARE FOR EDUCATIONAL AND PAPER TRADING PURPOSE ONLY*
*I AM NOT SEBI REGISTERED*
BEST BUY IS FROM 103-100
TGT 1- 108.50
TGT 2- 112.50
TGT 3- 120
AVG IT AROUND 96.50 IF IT COMES DOWN
AND SL IS E 3H CANDLE CLOSE BELOW 92.50
Indian Hotels TRADE!Wait for the right time. Buy around 84 which S1, if stock will more then buy around 78.
Indian Hotels - Breakout with good volumeIndian hotels broke the upper resistance on daily chart for the recent high trend line(red line) with very good volume.
Could have a move towards next resistance of 88.
INDHOTEL BUY CALL FOR SWING TRADERAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
# 17 Long Indian Hotel for a Target of 95 and 110.NSE:INDHOTEL
Reason Being:
1. Formation of Bullish Pennant and It is a Continous Pattern means Prior trend resumes after Breakout.
2. The stock has support in the zone of 78 - 80.
Every Price Action Pattern after breakout provides some Target Range and according to Triangle:
Entry Price: Above 81
Target Price: 95 and then 110
View Negated Below: 78 in Closing Basis.
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.
INDIANHOTELRisk Disclaimer. DISCLAIMER: Futures, stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures, stocks and options may fluctuate, and, as a result, clients may lose more than their original investment. ... All trading strategies are used at your own risk
indian hotels price action for swing tradingthis is completely based on price action.Indian Hotels is on crucial resistance and may touch 80 rupees in 84 rupees in 3-4 days.Wait it until it crosses 78 rupees.But market should be in trend.
