LEMONTREE trade ideas
LEMONTREE long @ 150Prices broke the trendline with strong volumes suggesting strong accumulation, after which prices gave a shakeout below the same trendline and 50 ema and now reclaimed all major emas
RS line also giving a breakout
Volatility contraction gives a nice low risk entry above today's candle
with sl 146.25 we can look for 158
LEMONTREE - Long Setup, Move is ON..NSE:LEMONTREE
✅ #LEMONTREE trading above Resistance of 150
✅ Next Resistance is at 208
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. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Lemon tree hotel swing tradePreviously those who have missed chance to enter the stock on breakout of Rs92 have chance to enter. Here we can plan of gain upto 30%. Entry can be made on crossing of Rs 158 or else can wait till Rs 145 and form bullish pattern of the level . Company's fixed asset(land & building) are increasing continously which is a good factor.
Disclamer: This is my particular view which may not perform as mention due to different scenarios.So,trade according to your risk taking capacity
Swing Trade: LemonTree Hotel NSE:LEMONTREEMention Information is only for Educational Purpose.
Dear Traders,
I hope this message finds you well. I wanted to share my view on
Lemon tree hotel with you. On 1D TF this Stock is about to give breakout. RSI is also
indicating price strength and stock has taken support of 50 EMA .Hold for 1 week
Stock: Lemontree Hotel
If 1day candle stay above 144 we can go for swing trade and let it retrace a little bit
Please keep in mind that markets are inherently unpredictable, and there are no guarantees in trading. This view is based on my analysis as of Dated 26-april-2024, and conditions may change. It's important to do your own research and consider your risk tolerance before making any trading decisions .Feel free to reach out .Your feedback and insights are always appreciated.
LEMONTREE 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 = successful trader
pls like and share
LEMONTREE | Swing Trade📊 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 value-for-money proposition.
TTM PE : 76.16 (Average PE)
Sector PE : 56.37
Beta : 0.81
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
6.39% away from 52 week high
Underperformer - Lemon Tree Hotels up by 5% v/s NIFTY 50 up by 7.27% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
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lemontreestock 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
Swing Trade Opportunity in LEMONTREE HOTELSRefer 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 action.
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#LEMONTREE BO in DTF with VolumeWTF 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.
LEMONTREE: Riding the Upward Wave 🔥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 Happening:
Lemon Tree, known for its hospitality excellence, is riding on positive sentiment. The ascending triangle breakout could signal a further rise in stock value.
📊 Trade Idea:
Consider a long position in Lemon Tree with appropriate risk management strategies. Keep an eye on price action and volume for confirmation.
(Note: This is not financial advice. Perform your analysis before making trading decisions.)
Stay tuned for more trade ideas and insights! 📈🔍
#TradingView #StockAnalysis #LemonTree #TradeIdeas
Lemon Tree Hotels Ltd - Upward parallel channelLemon 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 for Short & Long termLemon 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