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LEMON TREE HOTELS LIMITEDLEMON TREE HOTELS LIMITEDLEMON TREE HOTELS LIMITED

LEMON TREE HOTELS LIMITED

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LEMONTREE trade ideas

Lemon Tree Hotels / Keep An Eagle Eye OnLemon Tree Hotels was in a downtrend respecting trendline resistance. Now the price has broken out of the 2-year long trendline resistance and soon after failed to sustain. Now the price is at a retest of the trendline resistance breakout. We will now wait for the price to show strength and take positions Every up move is with good volumes (June 2020, Novembar 2020, May 2021) so now the price is near to resistance zone wait for volumes to come in for confirmation of the breakout. Price will face immediate resistance at 48 levels If the 48 level is taken out will strat scaling Keep this in your radar
NSE:LEMONTREELong
by supremechart
5
LEMONTREE, bull power becoming stronger?Hello traders, Lemontree has a 2 year old trendline which it tried to cross but failed.now there's a strong support where the stock hitted it yesterday and gave good upmove. today this will surely give great move of more than 5%. intraday tgt will be 44 or more. we can take swing trade if it crosses the trendline with a possible tgt of 63-64 or more. check my other ideas to get to know about all the successful trades based on price action. Thanks, Aniket.
NSE:LEMONTREELong
by Aniketyourtechnicalanalyser