INDHOTEL trade ideas
INDHOTEL - Bearish ViewINDHOTEL - Elliott Wave Count
INDHOTEL - the market appears to be completed the wave X and reversing to wave Y.
so be cautious with long positions. However, if the market crossed above 325, this view considered as invalid.
Please exercise caution when trading as this information is for educational purposes only.
NSE:INDHOTEL NSE:INDHOTEL1! BSE:INDHOTEL BSE:INDH1!
Channel Breakout - INDIAN HOTELSPlease 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
Rsi Divergence in "Indhotel"Indian Hotel Stock did give a breakout
but didn't test the breakout levels and went up.
Today in Daily timeframe Stock Made a Bearish Engulfing Candle stick Pattern
Plus there is
Rsi Divergence in Indhotel Chart in Daily time frame so this stock is heading towards 349 levels.
INDHOTEL MULTI MONTH BREAKOUT#INDHOTEL is showing a multi-month breakout, and we're seeing some exciting potential for an upward trend. With strong support levels at 340-345, this could be the perfect opportunity to get in on the ground floor and watch those profits climb. Our analysts are predicting targets of 400, 433, and even 455+.
INDIAN HOTELS - Strong Bullish BreakoutKey Points:
- Very Long period consolidation
- RSI @ 78 and Crossed RSI MA
- All EMA crossed and good potential of up-move
- Resistance Level breakout
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.