Orient Hotels - Superb chart forming Lower Highs !!Also this recommendation/presentation and all future ones are & will be only for learning purpose.
Please consult your financial advisor before investing.
Thank you.
ORIENTHOT trade ideas
ORIENTHOT - Long Setup, Move is ON..NSE:ORIENTHOT
#ORIENTHOT gave an entry at 64.20 as shown in chart below
Has moved from 64.20 to 81 levels
It is now trading above Resistance of 81
Next Resistance is at 102
Here are previous 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
Oriental Hotels all time high, next whatStock is making higher high and maintained its trendline breaking ATH price, looking good to buy, SL below trendline.
accumulation completed 9 Month trading rage with visible sign of accumulation .
emergence of high volume after brake out clear sign of smart money accumulation .
also from out preforming sector
stay sometimes in oriental hotel4years Breakout with gud volume.
Target atleast 50% from brkout point or can we say 100 is the target
SL is 60 on wclbs
i am not sebi resistered.
Oriental Hotels... breakout!!!On Friday, Oriental Hotels broke out from the resistance level of 70 to close at 73 levels, on good volume and with a bullish candle.
If it sustains the momentum, we might see the price levels of 88. On retracement, 73-70 levels can be good accumulation zone.
Strong support for the stock is visible at levels of 62, below which one needs to be cautious.
Also, this stock is a low liquid stock.
Define your strict stop-loss at 5-8% depending on your risk management.
Note: Personal analysis. Not a buy/sell recommendation. Consult your investment advisor.
Long ORIENTHOT, Move is ON..NSE:ORIENTHOT
Target 1 achieved in ORIENTHOT, Based on current strength in the stock. target revised.
Here is previous chart:
Chart is 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.
Short term trade opportunity in Orient HotelsDaily chart pattern suggests short term buy oppornutity in Orient Hotels.
Trendline + Resistance Breakout in ORIENTHOTDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are calculated using Breakout Indicator
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline + Resistance Breakout in ORIENTHOT
Buy Today, Sell Tomorrow: ORIENTHOT
Multiyear Breakout Happened This scrip is expected to give short Term returns in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
06 Months Long Consolidations BreakoutWhen price consolidate above 200 Day Moving Average and break the upper boundary with extremely high volume then high probability price continue the Trend. Our work is only Manage Quantity and Risk .
STOP LOSS - AS per your Risk or below Today's candle Low
Buy Today Sell Tomorrow: ORIENTHOT for more than 5%DON'T HAVE MUCH TIME TO TRACK TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall.
Bullish Flag Pattern | ORIENTAL HOTELSORIENTHOT Daily: Watch for breakout above 39.5 for more upside
1) Bullish Flag & Pole Pattern
2) Bounced back from important 61% Fibonacci level
The flag pattern is used to identify the possible continuation of a previous trend from a point at which price has drifted against that same trend. Should the trend resume, the price increase could be rapid, making the timing of a trade advantageous by noticing the flag pattern.
ORIENTHOT- Breakout#ORIENTHOT gave a good BO from the range on weekly chart with a good volume. Buy with swing low as SL.
buy @ 55 - 57 Level , stop close below 47 , for long term.good bull chart , can sustain this mega run
