Sector looks great on long term horizon, with confirmation, one can trade long term, positional, and swing. three levels are marked as per the entry. Must follow with sl as a bottom line of box. Happy Trading.
2 week tight close and consolidation on low volume on daily chart with low volatility
EaseMyTrip is nicely placed for resuming it's upward rally with a successful retest of the breakout.
The scrip has not tested any support level for a long time. Sit back and wait for it to test 378 as there is a trend reversal. MACD shows reversal in trend and Stockh RSI could not do the bullish cross even though its oversold. Short the stock if you're holding. Spinning top, shooting start (follow white arrows) and bearish engulfment (red arrow) pointing towards...
Easy trip was in consolidation phase from march to may and from last 1 month it has shown great momentum, this momentum might continue with ease in travelling and less corona virus cases in India on a daily basis.
I thing that tour and travel company will give high return in future , I am just a learner so if and one of you find a mistakes in the chart so pls tellme and guide me..
Broke trendline and took good support. Short term target can be seen as 221 and mid term 258 can be seen. Only for educational purpose.
My Idea is for educational purpose. Buy Easy Trip @198, SL 197 for the immediate target of 220. For long term, it's multibagger stock.