Keep Patience & its a worth watching trade for sure.
Beautiful triangle pattern, Stock retesting its previous Resistance level. How to identify Retest/Retrace: the volume will increase during the breakout & will gradually fall during the retrace. Perfect scenario to go long by end of the day if the volume & candle stick formation remains same. Reasons to enter: 1. Low risk Trade, 2. Entering at Support levels, 3....
Good consolidation after multi year breakout, Good to go long.
A beautiful support at Trendline with a U-shape recovery happening in stock price. Safe entry can be right after the Short term trendline is broken.
The price is retesting its previous resistance & can bounce from here giving a decent RRR.
Price is taking support over the Trendline & about to form a double bottom at Trendline which can give above 10% reward. For safe entry we can wait for the Short term trendline to break with a strong Bullish candle. Immediate entry is also perfect considering minimum risk trade.
The stock price is taking support over the Trendline for 3-4 times, accumulation & a U-shape recovery is observed. The price has given a double confirmation by crossing the short term Trendline. Can easily go for 5+% reward in a short span.
A channel pattern formation is observed in India Hotels, Small candle sticks formation at support trendline indicates that the price is taking a good support at trendline. High probability that the stock will move up & quick profits can be booked. Stop loss can be placed at 94, which confirm price break down. Happy Trading!!!