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INDHOTEL

Selling can continue in INDHOTEL after closing below 678.5 Today selling intensity in INDHOTEL was very high so it can continue tomorrow, Its already trading at support zone, if we see followup selling tomorrow then next support is far away from the current price and can give good profit if price test next support level. Note: Its just an analysis, wait for the price to confirm. Disclaimer: Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
NSE:INDHOTELShort
by smrgrover2
#LEMONTREE 102 TGT 120/125 - Buy - Rachit SethiaLEMONTREE CMP 102 Target 120/125+ #LEMONTREE LEMONTREE SL 88 RR = 2 Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:LEMONTREELong
by Rachit_Sethia
INDHOTEL GOING FOR ATH?Hello Traders. Firstly Speaking of last posts PEL has achieved its first target on the same day and the trade is still running, ICICI bank is still consolidating but has neither hit the SL nor has given a significant move either side. Speaking of the current chart of INDHOTEL , It made a ATH after the Covid pandemic bans were lifted and has been in a bull run ever-since Now it's time for the tourism sector to boom according to me and hotels will be the major runners. By the way I don't do Fundamental analysis so speaking of technicals INDHOTEL made a ATH then consolidated and retraced in a declining channel which seen with it's previous move forms a BULLISH FLAG AND POLE PATTERN . Now it has retraced about 66% so it's looking ahead for a run for the upper marked targets and can also make a new ATH in coming weeks. FIB looks good MACD turning bullish RSI is at good levels. All required informations is on the charts, the orange lines are the level of buying for me whereas white lines are targets. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Any comments and critiques will be appreciated even if it's of opposite views as a trader can only be right so many times. P.S - The decline in INDHOTELS was not steep and abrupt but slow and steady which always looks good to me. And the channel is also broken now
NSE:INDHOTELLong
by this_is_shoaib
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