Indian Hotel looks attractiveEntry - 313.5
Entry reason - Neat major support of 310
SL - Closing below 305
Target - first target -> 330, then can trail
INDHOTEL trade ideas
INDhotel in bear gripINDHOTEL is out of uptrend channel.
expecting the stock to take support around 270 levels
Pullback trade in IndhotelAfter a long rally price has came to its support area of Trend line , Fib 50%, pivot point and 50 Sma.
Entry: Above 319 on closing basis only
Sl: 304
Tgt: 349
INDIAN HOTEL : BREAKOUT AWAITED - TRADE WITH RISK REWARD OF 1:5 Price has shot up in a narrow channel and facing resistance at key levels.
Price has tested this resitance thrice and looks like now is in a position to break this resistance to
give a upmove of 15 %.
Risk Reward & Stop loss mentioned in the chart.
Short Term Trade IDEA
Consumer Discretionary
Hotels, Resorts & Cruise Lines
Midcap
With a market cap of ₹45,997 cr, stock is ranked 110
Hidden Bullish DivergenceThe first chart is of Indian Hotels expecting continuation of trend...
As against the
The second chart is of TVS Motors in which hidden bullish divergence has already beautifully worked....
YR 2022 Idea #165: Long on INDHOTELThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Long on IHCLStock is in strong uptrend . It’s very close to its ATH and 333 is strong resistance. RSI indicates further upward movement.
Double top pattern in INDHOTEL.Discription:
Stock Name: INDHOTEL
Chart Pattern: Double top pattern
Time Frame: 1 Hour
Entry: Breakdown below 317-
Targets: Breakdown Targets 298-
Indian Hotels Bearish Extreme SharkIndian Hotels Bearish Extreme Shark Pattern
We can Short near 304 to 305
Clear uptrending chart with breakoutGood stock for swing trading hoping it can generate more than 5% return in couple of week. As indian and the global market are reponding positively and market sentiments are in positive direction we can go with such type of stategy
INDIAN HOTELS TARGET 458INDIAN HOTELS monthly and weekly breakout. All-time high crossed. Under bullish. Target 458
Indian Hotels- Taget achieved..Target Is achieved in Indian Hotels.
Previous chart link is given below.
Indian hotels 🏨 ↗️Indian hotels near all time high breakout.. triple EMA and relative strength 💪. Breakout level is 269.
short on INDHOTEL1. inverted Hammer on top
2. RSI divergence
3. price confirmation by bearish candle
stop loss- 251
target - 221
Indian Hotels - Bulls counter attack high retestedIndian Hotels - Bulls counter attack high retested and potential upmove.
Indian Hotels forms a cup patternFrom the base of the cup pattern, the stock price has shown positive intent and risen almost 17% in three weeks.
It is trending above the 50 day EMA, with key resistance at 245.
However, there is a chance we might see consolidation in the range between 245-230, but overall the stock looks bullish in the long term. And, like I said earlier, the key level to watch is 245.
Given the formation of the cup pattern, the consolidation zone between 245-230 may develop into the handle of the cup and handle pattern. Will observe the price action here.
Once this level is crossed, then we can see further positive momentum in the stock.
Always define your stop loss.
Note: Personal analysis. Not a buy/sell recommendation. Do consult your registered financial advisor.
Looking strong on chartsThe stock has taken a support on the lower trendline and now testing it's strong S/R zone. It has also given a breakout of the short term downward trendline.
Buy above 225.7 level for further upmove.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
