#Breakout Candidate - #RSI rising, #SwingTradeLemonTreeHotels - Breakout Candidate - RSI Rising, Consolidation since 2019, Targets mentioned via dotted lines, Safe Entry - above 51.1 on daily closing basis.
LEMONTREE trade ideas
Possible trend reversal Previous Close: ₹48.40
Buy at: ₹49
1st Target Price: ₹50
2nd Target Price: ₹53
Stop-Loss: ₹47.55
Duration: 1 week
Lemon tree looks good Lemon tree looks good for first target of 56 second target of 64. Stoploss marked in green.
lemon tree is in uptrend and need to break resistance area.lemon tree is in uptrend and need to break resistance area for uptrend continuation, if fail to break it may seen downward moment.
good opportunity for swing trade.pollback towards previos high, good opportunity for short term swing trade.
Inverse H&S pattern - Lemon TreeInverse Head and Shoulder pattern spotted on 1 hr time farme. Levels are on chart. Post is for analysis purpose only
LEMON TREE SWING TRADEBuy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade.
LEMONTREE consolidation; Asc Triangle & Parallel ChannelLEMON Tree started consolidation move, trapped in Ascending Triangle pattern since late 2020. This consolidation broke out in Late September. Coincidentally I also found out that the stock is also following a Parallel Channel Consolidation, as visible from chart. The stock is now consolidating near upper band of this Channel. A probable breakout from this point, supported with volumes may lead this stock to scale new highs after the fall of March 2020. Stay with this trade for a target of above 60.
** I am not SEBI Registered. Kindly consult your advisor before taking trade. **
LEMONTREE Multi Month Breakout in Weekly ChartsThe Chart is self explanatory. The breakout is visible clearly with Volume Support.
*** This is just for Educational purposes. I am a learner too. I am not SEBI Registered. Kindly do your own analysis before taking trade.***
Lemon Tree Hotels Weekly Chart Analysis*Looking Bullish After Retesting The Support
*Good Entry At Current Level
*Huge Volume At Breakout
*Not so Good Fundamentals
*Targets are mentioned in the chart
*View Neglected Below 47
This Post Is For Only Study Purpose
I'm Not A SEBI Registered
LEMONTREE LONGChart is self explanatory
Enter Around 40 - 47
Buy one lot around 47 and second around 40 to have a average price.
Stop Loss defined on the chart. Hold with Patience.
Don't jump onto the script in a hurry as Current Business is disrupted due to Rains in Uttarakhand, Kerala but expected to bounce back in Nov and Dec
Disclaimer: This view is for only educational purpose
LEMON TREEWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
Something Big is ComingIf we observe well the volume surge on the stock has been skyrocketing for the past month,
The stock has broken out one of the major resistance levels of 47.05 which has been acted strongly on the past two times when the price surged
The level of 52 can also act as a resistance, But last time when the price fell this level has not been respected very much so it is just a matter of time this level will breached
Breakout completed, can enter immediatelyBuy immediately as market opens on monday. Tp1 can be first target , tp 2 second.
LEMON TREE HOTEL 52 WEEK HIGH BREAKOUTLEMONTREE Hotel broke 52 week high resistance of ~49.5.
RS crossed above 0.
Hotel sector is very bullish so maybe this stock can give us good returns.
We have very good support in range of 38-39.
Volume Delivery is looks very good.
#TrendIsYourFriend
Breakout in Lemon Tree Hotels...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
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 - Breakout BullishLevels marked based on super trend and Price Action. Buy and profit.
Analysis for academic purpose.
Lemon Tree - LongLemontree looking to breakout with good volume. Expecting some good move
Long above 52.10
T1 60.20
T2 72.70
T3 88.65
SL
LEMONTREE - Breakout from RoundbottomNSE:LEMONTREE
LEMONTREE - Breakout from Round bottom
Target - 56
SL - 45
