Stock has broken out of a long downward sloping trendline with good volume. Currently volume contraction and consolidation is being seen. Medium to long term outlook for the stock is 190, with intermediate resistance will be seen at 154 & 172. View will be negated below 108 on closing basis.
Look fresh in range 90-95 for upside 120/130 med term with SL 77..!!!
royal orchid hotel has been trading in range since the month of sep 2021 between the price range of 79 to 108. Increasing in volume indication some movement can take place in the stock rounding bottom can also be seen in the stock.. also good consolidation in weekly chart aswell . one can enter the stock if a 4 hr candle closes above 108 with a SL of 104.55 for...
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.
Royal Orchid Hotel After correcting, stock moving up slowly, Rounding bottom pattern can be seen. Price at major Resistance level may break seeing Volumes. Entry can be above 110 levels on a closing basis. Also, 111 is a major Fib level, if it breaks can go up to 135 levels ie fib 50%. Target can be 10-20% on a trailing basis, upuo 120-130 levels. SL will be...
#ROHLTD CMP - 106.30 Can be looked in the range 98 to 100 OR Above above 102 Next Levels can be expected 135 and 160 View will be negated below 87 Disclaimer : We are not Sebi registered analyst or Authorized analyst The charts / Levels / Price projections are only for educational purpose. This is our personal view, Pls consult your financial advisor before...
Breakout With Volume / Can See 113 As Resistance Please Manage Your Risk /Reward Its Views Only
Only for educational purpose. Not a recommendation.
This scrip is expected to give some decent returns in the coming days. So trders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏🙏
#stocks #stockmarket #investing #trading #money #finance #investment #business #investor #invest #entrepreneur #trader #financialfreedom #wealth #abundance#gratitude Disclaimer : Only for educational Purpose,not a stock recommendation Trading is an art, learn the art!!! #stockInvestment
Looks good for a move up at the break of trend line Disclaimer: The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy. This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their...
Symmetrical Triangle Breakout with good volumes in Weekly chart Target of 110 will be possible if Indian government start unlocking
fundamentally okayish. chart makes a clear pattern which it should follow. sector wise hotel/ tourism industry should see a growth spurt for 6 months or so. i already had it from previous lows. gonna add more here. chart is clear enough to understand my thinking behind the decision.
Chart is self explanatory Safe trader should enter if stock is giving closing above 108 on daily chart. Aggressive trader can enter CMP on next trading session with 60% of planned capital for this stock and remaining 40% for any DIP if we get near the defined trendline. Hold with Patience. Company has shown good Quarterly result. Hotel stocks are picking up...
Orchid Hotels Limited - Triangle pattern breakout & Retested StopLoss @ 65 Target 1 @ 93 Target 2 @ 101
Hotel stock showing momentum good to go long in this counter targets and stop loss mentioned on charts
Royal Orchid Hotels- Multiple Resistance- Stock to Watch