LEMONTREE trade ideas
LEMONTREE - Bullish Consolidation with VolumesNSE: LEMONTREE is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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Lemon Tree –Bullish BreakoutKey Points:
- Resistance Level breakout with good volume
- RSI near 70 and Crossed RSI MA
- EMA crossed and good potential of up-move
- Good Potential to move upside approx 10%
- Volume above SMA
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.
Lemon tree hotels Go long above 100.45 and Short below 82.85This is a 30 mins time frame analysis on lemon tree hotels with mid term view. Stock is currently in uptrend and likely to continue for near future.
Execute long position above 100.45 to 101.40 levels with 5 mins candle confirmation for target of 109.85 , maintaining a stop loss of 93.50.
Further execution of long position will depend upon how well 112.40 and 117.30 are breached and sustained, this range needs to be in consolidation phase to go further long above 121.90 which will be major outbreak point for larger targets 129.15/136.50/140.90
At 71.35 to 73.55 one can use as an opportunity to go long for rebound target of 82.85 and 87.80.
LEMONTREE - SYMMETRIC TRIANGLE BREAKOUT📊 Script: LEMONTREE ( LEMON TREE HOTELS LIMITED)
📊 Nifty50 Stock: NO
📊 Sector: Consumer Services, Hotels & Resorts
📈 LEMONTREE today's closing candle was giving breakout of BB upper band.
📈 It is also giving symmetric triangle breakout .
📈 MACD line bounce back from taking support near signal line.
📈 Right now RSI is around 65.
🟢 Target 🎯🏆 - 80
⚠️ Stoploss ☠️🚫 - 64
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
LEMON Tree 250% Potential From Here ( NSE Stock )#LEMON/INR TA Update:-
#NSE_India
₹LEMON Tree Currently trading at ₹66
Inverted Head & Shoulder Pattern already broke out Neck Line Resistance.
I am expecting Big Upward move in Mid Term.
Best Entries:-
Entry 1:- ₹59-65
Entry 2:- ₹45-50
Targets:-
TP1:- ₹88
TP2:- ₹155
TP3:- ₹300
TP4:- 500
Stop Loss:- ₹42
Tight Stop Loss ₹36
Support:- ₹58/₹44
Resistance:- ₹88
I am expecting ₹150 Target for Mid term Hold.