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 looks good for an up move after taking support at around 111 and reversing. For educational purpose only. Not a buy recommendation.
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
Buying LEMONTREE in DAILY positional trade Good structure making HH-HL.
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....
Looks like LemonTree hotel stock price is moving towards 117, based on the trend line and fib level Just keep an eye on this stock
Buying LEMONTREE in DAILY positional trade Good structure making HH-HL.
■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.
DISCLAIMER Our video is intended only to provide general and preliminary information to traders/investor and shall not be considered as any investment decision. Do your own analysis, This is not a buy or sell tip. This is just for educational purpose only. And I'm not responsible for your Profit or loss as I'm not a SEBI registered financial advisor.
BUY - LEMON TREE HOTELS CMP - Rs. 93 Target - 1: Rs. 115 Target - 2: Rs. 135 . . Technicals - Bullish Symmetrical Triangle . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
LemonTree : Good breakout Currently at resistance Long above Need to sustain 104 for a possible strong upmove
As u can see the only resistance at 103.40 and after that Lemon tree will land on 112
Lemon tree hotels is trading at ATH with good volume. Breakout above the level will take it to new highs.
📈 🚀Unleashing the Bull: Lemon Tree Hotels #lemontree breaks free after a period of consolidation, charging towards new heights! Note: Charts are for educational purpose only
LEMONTREE Entry Above 103.40 Sl 92.5 ( W.C.B) Tgt 120-125 Disclaimer : I'm not a Sebi Registered Advisor and this is only for Educational Purposes.I'm not responsible for any kind of Profit or Loss you make.
Lemon tree make a tea Buy then Break this trendline Educational Purpose
Trend line support with buildup near resistance leads to breakout with volume