A long monthly breakout after a long consolidation with good volume buildup has been seen in monthly chart.
buy- current price
stoploss- low of monthly candle
for medium to long term
#KAMATHOTEL trading above Resistance of 248
Next Resistance is at 393
Support is at 150
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only....
Book profits within the first 30 minutes of the market opening
- Try to exit by taking 10-15% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either...
on this kamathhotel, which already a bullish outperforming stock in this sector,
continuosly making higher high on a trendline and getting support on this line.
this position is also a trendline support area
now here also a confluance of fibbonacci retracement on its high support area( marked)
so may lead to a 8% target with trendline SL
An Ascending Continuation Triangle is a bullish pattern has been identified in Kamat Hotels by two converging trendlines, where the lower trendline is rising, and the upper trendline is horizontal.
The pattern indicates that buyers are more aggressive than sellers as the price forms increasingly higher lows and constant highs. Once the supply of shares available...
Stock Name - Kamat Hotels (i) 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 137
#This is not Buy and Sell recommendation to any one. This is for...
KAMATHOTEL:- Rounding bottom pattern has been formed, if the breakout sustains the upside, we may see upside movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other...
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
Stock Name - Kamat Hotels (i) 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 117
#This is not Buy and Sell recommendation to any one. This is for...
All detail for chat. good entry at mark price only. and must stoploss is 88 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Chart -> Kamat Hotels Weekly
As per chart, we can see a cup and handle breakout in Kamat Hotels with good volumes.
CMP: 70
Good run after: 75
Targets: 85 & 115
StopLoss: 45 on weekly close basis
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
KamatHotel forming a VCP pattern, look ready for new highs on breakout above 65
Tightness of last 3 days are providing a good entry point for a probable 20-25% upmove.
Kamathotel has shown good strength in this market where other stocks aren't showing strength.
**Robust sales, FII's and DII's increased their stakes
Major Cup formed - and recent breakout on weekly and daily chart. Targets and stoploss plotted on the chart.
****Educational Purpose**** Do not treat this as recommendation.
