now stock trading near strong resistance 144 got 3time rejection on 144 if daily candle close above 144 it will good for swing trading
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy =...
Education Purpose Only
Broke the resistance with Strong Volume of 80 Million even Nifty is Falling today...
This Stock Gave Returns of 200% in 3 years..
📊 DETAILS
Sector: Hotel, Resort & Restaurants
Mkt Cap: 9,883 cr
Lemon Tree Hotels Ltd is largest mid-priced and the third largest overall hotel chain in India. It operate in the upscale segment and in the mid-priced sector, consisting of the upper-midscale, midscale and economy segments. It delivers differentiated yet superior service offerings, with a...
stock looking good above 136 but condition is stock once take resistance 136 then create higher low and break 136 it will boom
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
Buy abv todays high on closing basis, finally it looks like breaking out
levels and SL on screen
Can give a bumper return and Risk Reward of 1:5
With Summers and vacations, looks like a good option
Refer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any...
Lemon Tree Hotel Give a Fresh Breakout after Consolidation & Major Support Retesting, Now Stock is Ready to Move for Further Rally with the help of Increasing Volume.
KEEP ON RADAR
WTF is in UT, Formed a base BO
DTF formed VCP, with volume dry up
some consolidation at RT, BO with Volume
MACD crossover
EMA rule in place
RS Line was making 52wh in base
Will enter with 1/2 qty if price is above 130 at EOD, as market is streched.
other stock in the sector also is buying,
but this ia ATH bo
Mindset: Calm following the rules.
Take entry at 105
Target 125 and 154
Next average at 88
This counter is crossed its life high 90Rs and retest it also. So same like Chalet hotel this counter also ready to move forward.
Lemon Tree: Ascending Triangle Breakout 🚀
Lemon Tree, a major player in India's hotel industry, is making waves. 🏨🌟
📈 Technical Analysis:
The stock is exhibiting an ascending triangle pattern breakout, indicating a potential bullish move ahead. This formation suggests that the upward momentum could continue, presenting a trading opportunity.
🔍 What's...
Lemon Tree is one of the largest hotel chain in India. Stock is moving through an upward parallel channel for the last two years. Even though profit margins are improving qoq ,promoter holding is very low with a high debt. Slow movement of the stock is due to this debt. Now stock is near it's 52 week high and also a cup and handle formation . Can expect a 25-35% movement .
Lemon Tree Monthly Chart
Given Monthly Breakout in Aug 23
Can come down to retest @ 103 lvls
Entry range 93- 103
Sl 80 Weekly closing basis
TGT 125 for short term
150 for Long term (6 months - 1years)
Do your analysis before investing
Sharing Chart for Learning purpose
NSE:LEMONTREE
✅ #LEMONTREE trading above Resistance of 122
✅ Next Resistance is at 150
Related charts:
Charts are 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....
■On a Daily Time Frame, Lemon tree Hotel has given a Breakout.
□To Initiate a Trade,
○SL can be maintained below the low of Breakout candle.
○Targets are on the chart
(Used Trend Based Fibonacci Extension Tool to determine targets)
○ Risk Reward ratio is 1:2 From current market price.
