LEMONTREE symmetrical Triangle Breakout on DailyTimeframeLEMON TREE breakout of symmetrical triangle on daily timeframe.
Note:
This is for educational purpose only
Key stats
Market capitalization
60.528BINR
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
131.28
Basic EPS (TTM)
0.58INR
About LEMON TREE HOTELS LIMITED
ISIN
INE970X01018
Sector
Consumer Services
Industry
Hotels/Resorts/Cruise lines
Website
lemontreehotels.com
CEO
Patanjali Govind Keswani
Headquarters
New Delhi
Employees
6.075K
Founded
1992
Lemon Tree Hotels Ltd. owns and operates leisure hotels and resorts. It designs, develops, finances and manages hotels under its own brands include Lemon Tree Premier, Lemon Tree Hotels and Red Fox Hotels. The firm offers vacation packages that are ideal for families, couples and business travelers. The company was founded by Patanjali Govind Keswani on June 2, 1992 and is headquartered in New Delhi, India.
Trade for both Bull and BearOne can take long position after it break out the 80 price level on upside. For the target of 90-100 for 15% profit.
Bear can take short position after it break out the 65 price level i.e., the below red line.
Short term swing trade200 ema retest.
based on bullish candle on 12 Jan we can place a trade for 10%-11% return in a week.
or target may be 50 ema nearby.
have good trade guys😉.
Lemontree AnalysisStock observed to be in down trend
Negative reversal observed
next support @71
Bearish for next week
CMP 84.05
Triangle pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking profit for 1% - 2%
For long-term trades look out for resistance drawn above closing
Breakout AlertPrice break the multiyear resistance zone and now ready for upmove . This month low act as a Stop Loss !!
Lemon Tree Hotel Daily TFThe stock has come out of one month's consolidation ( shown within light green colour channel)
with good volume.
After retesting horizontal resistance line ( black one ) 3-4 times
it has give a good break out today.
The stock has been moving within the orange channel since August 2022.
It can ret
Break of cup pattern1.monthly cup pattern break out
2.break of trendline in 1day
can expect a good returns
LEMONTREE - Ichimoku Bullish Breakout Stock Name - Lemon Tree Hotels Ltd
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 97
#This is
LEMONTREE | Good RRR Swing Trade opportunity !!!Swing Trade opportunity to earn good RRR
CMP: ~ 69.15
SL: ~ 63.30
Target: ~88.95
( Targets calculated on the basis of Fib. and previous swings )
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading o
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Income Statement
Balance Sheet
Cash Flow
Earnings
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Revenue
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