ORIENT HOTEL chart looking very convincing, Breakout with Good Volume at ALl time High KEEP ON RADAR
📊 Script: ORIENTHOT 📊 Sector: Hotels & Restaurants 📊 Industry: Hotels Key highlights: 💡⚡ 📈Script is trading at upper band of Bollinger Bands (BB) and giving breakout. 📈MACD is giving crossover. 📈Volume is increasing along with the price which is volume breakout. 📈Current RSI is around 62. 📈Keep an eye on Script, it may give breakout above 130.55 price. ⏱️...
📊 Script: ORIENTHOT 📊 Sector: Hotels & Restaurants 📊 Industry: Hotels Key highlights: 💡⚡ 📈 Script is trading in consolidation zone from last 17 days, 140 is resistance level. 📈 We may see rally above 140 level. ⏱️ C.M.P 📑💰- 134 🟢 Target 🎯🏆 - 153 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I...
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below... SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY Trading...
Points to consider Trend is Upward. Consolidation after Upward move. Staying above the trendline after a good breakout on DEC 1st. WATCH if there is any sudden spike towards up. Buy If, Breaks 127.9 and Support trendline with good volume. RSI breakout conformation Any other conformation
Rectangle pattern breakout above 135, Keep in watchlist
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking...
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As per smart money concept it takes the liquidity and turns back to the orderblock for taking the swing so as to reduce the buyers in that position
An ascending triangle is generally considered to be a continuation pattern, meaning that the pattern is significant if it occurs within an uptrend or downtrend. Once the breakout from the triangle occurs, traders tend to aggressively buy or sell the asset depending on which direction the price broke out.
Stock is trading in a channel with higher high pattern maintaining supportive Trendline, now ATH breakout, follow chart for proper support and resistance levels. Good risk reward.
Detailed View about this Breakout: No.of Resistance: 5 No.of Support: 5 Consolidation Days: 600+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
Trend line breakout with volume spurt RSI above 60 and rising Above EMA40 Attractive risk-reward ratio
BUY - ORIENTAL HOTELS CMP - Rs. 90 Target - 1: Rs. 110 Target - 2: Rs. 128 . Timeframe - 9 months . Technicals - Bullish Flag, Trendline Support . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
breakout 44 sma , can go for long till previous swing
Oriental hotels setup looks decent. Expecting some good move from here.
Oriental Hotels CMP-79.70 3 March 2023 1. Retest support after forming ATH 2. Consolidated at 200 EMA 3. Channel Breakout Buy above 81 Target1- 87.20 Target2- 92.80 Target3- 98.45 SL - 75.90 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means...
Also this recommendation/presentation and all future ones are & will be only for learning purpose. Please consult your financial advisor before investing. Thank you.