ADVANIHOTR trade ideas
ADVANI HOTELSThis stock breakout round pattern and good volume breakout so stock create good swing opportunity SL bellow 123 and TGT 161
Advani Hotels & Resorts (India) Ltd.Advani Hotels & Resorts (India) Ltd.
Short Term Pick
Entry Levels: 99-103
Stop Loss : 94
Expected Levels : 114/125
Ultimate Rejection Zone Since Inception!hi @bhikhu65
As requested here is chart after checking over multiple timeframes I found this interesting fact I.e. since the inception of this company it is facing resistance from upper end it never give close above 95 levels on monthly basis.
I know its been a tough investment from Investors perspective but we cant do much with this, we can only analyze by Technical way. and I know the recent trendline which I made in the chart was also not that perfect but it has the highest connecting points and clearly we can see that chart was gave breakdown below that line.
so the sand of line for me in this particular script is 60 level on monthly basis, I would like to add that do not try to average this script on lower side but once its crossed its upper range and when price will sustain above that then and then only add these kind of scripts on Price action when they will retrace .
I don't when it will happen but I wish you all the best till that particular period of time.
That's all from my side.
Thank you for your time, Love And Support.
All the best.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
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💥Advani Resorts&Hotels💥-Nice Breakout💥Advani Resorts&Hotels💥-Nice Breakout
Capital to be deployed- 20k
Investing Price -108-109
Breakout Price-108
Stoploss-90
Targets-147-167
RT for max reach
#advaniresort #StocksToBuy #stocks #StocksToTrade #StocksInFocus #stockstowatch #StocksInNews
Advani Hotels & Resorts (India) Ltd.*Advani Hotels & Resorts (India) Ltd.*
Inverse H&S Pattern: Weekly Basis
Now, Cup & Handle Pattern: Weekly Basis
However, In light of recent Correction, Price / Volume Break-Out Needed.
If Happens then Good to Go!!!
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Potential Turnaround Story*
Co. into Tourism Sector. With Corona Subsiding, Travel is Picking Up:
Positive for Co. Strong Bounce Back in Dec'22 Qtr. /
Higher Sales / Improving Profit / Negligible Leverage / High TNW.
Stable Promoter Stake.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
ADVANI HOTEL weekly chart trading in rising channel , making higher high and higher low ,tgt 85/93 stop loss 62
Inverted H&SInverted H&S and huge volume buildup. After covid restriction can be good candidate for earnings
ADVAIHOTR AS ON 03.08.2021A GOOD CONFIRMATORY BUY CALL FROM MACD AND RSI!!
Bullish Engulfing candle was formed with good volume!!
TARGET PRICE=80/84
STOP LOSS=70/69 OR GO WITH TRAILING STOP LOSS!!
(THE ABOVE ANALYSIS IS ONLY FOR STUDY PURPOSE DONT TAKE IT AS ANY BUY OR SELL CALL)
ADVANI HOTEL CUP IS READY HANDLE FORMATION TAKING PLACE HANDLE BREAKOUT AT 75 AT 75+ RECTANGUAR BREAKOUT OF 4 YEARS...KEEP EYE..EARLY ENTRY PROVIDES CUSHION FOR TEST OF 75 -80 LEVELS ONCE THAT IS CROSSED LOOK FOR 120+
