Trade Nivesh | Hotel Leelaventure's shareholders have overwhelmingly backed the proposal to sell key hotel assets to Brookfield Asset Management though the transaction cannot go ahead till the capital markets watchdog completes its investigation into complaints made by key Leela shareholders.
While all the promoters polled in favour of the deal, 74.87 per cent of...
Hotel Leela rallied,then went into a flag pattern then again rallied and now in a traingle pattern.
It has just given a breakout from the triangle go long at current market price 23.6 or at days low for targets of 26,27.2 and then 30.
Maintain SL as 21 on closing basis.