NEAR RESISTANCE LEVEL 98 is high resistance level cup and handle building done but waiting for 98-100 above and may go 160-175 high level
focus on tourism
now Indian festive season started so foreigner may visit for join Indian celebration.
LEMONTREE trade ideas
Double Pattern Setup📌Double Pattern Setup
✅Cup & Handle Pattern
✅INH&S during handle pattern
#LEMONTREE
- Volume and Volatility contraction during Handle
- Above Key EMAs
- Bullish RSI
LEMONT TREE Share in uptrendtarget 1 = 94
target 2 = 97
target 3 = 101
entry near 93 or below
Stoploss = 90
also the fundamentals are strong and moving avg. also bullish.
post update soon
Note :- this is for educational purpose only.
lemon tree daily & weekly flag pattern on daily & weekly both
best buy will be once close above 101 levels
stop loss is must keep below 85 levels
Swing Trade hold 2-3 days Book 10%Resistance Breakout in Lemon Tree hotel
Book profits within the first 30 minutes of the market opening
- Try to exit by taking 10% 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 consolidate or fall
CMP- 87.45
Target Price 96
Note:- I am not SEBI Registered This Trade is only educational Purpose
LEMONTREE for 15% (approx..) GainLEMONTREE HOTELS is showing symmetric triangle breakout and there is another reason to select that
now a days India is hosting "G-20" meetings and hotel's sector is most important for these.
CMP : 82
TG : 96
SL : Below 21 EMA
R/R : 3 times (Risk to Reward)
Stock's selection based on 5 Point Analysis :
1: Breakout.
2: Supported Volume, Delivery & VWAP.
3: 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: PE, PAT, Industry & peer PE and sector performance.
5: Entry Timing on 2 hour chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
lemon tree hotel stock looking target 99 and 100lemon tree hotel stock above all moving averages and resisitance above 99 to 100 for couples of days
Lemon tree hotels short term buy tradeNice expanding flat is visible in this particular stock, also has regular flat for entry purpose, keep it till it breaks the mentioned level it will reverse from that point to make down swing to complete pending structure.
LEMONTREE - Long Setup, Move is ON..NSE:LEMONTREE
✅ #LEMONTREE trading above Resistance of 96
✅ Next Resistance is at 122
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 Buy Qty 300
Entry 92.85
SL 89.9
Price trading near all time high above higher timeframe resistance
On daily timeframe it broke out of consolidation.
VCP formation along with trend lineRange is getting narrowed down. Can give breakout above trendline.
Hold if BO with good volumes.
Only for learning purpose
Descending Triangle BO- After a prolonged Uptrend the stock went into a correction phase with low Volume.
- Took support at Fibo 62%
- formed a descending triangle at the support zone
- BO given with increased volume
- Trading above All major EMAs
- Bullish RSI (Daily)
Tip :- Hotel Stocks are looking good
#Lemon tree hotel AnalyStock is moving in higher high pattern maintaining supportive Trendline and ready to give further BO with good volume buildup. Follow chart for proper support and resistance levels.
Lemon Tree looks goodChart -> Lemon Tree Daily
Downtrend wedge breakout with good volumes.
CMP: 83
Good range: 78 to 82
Targets: 89 and 96
SL: 76.50 daily close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
LEMONTREE symmetrical Triangle Breakout on DailyTimeframeLEMON TREE breakout of symmetrical triangle on daily timeframe.
Note:
This is for educational purpose only
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 retest 96 before moving upto 108-110.
SL 87 DCB
Break of cup pattern1.monthly cup pattern break out
2.break of trendline in 1day
can expect a good returns
