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Rugminik

LEMONTREE Poised for a Breakout.

Long
LEMON TREE HOTELS (NSE:LEMONTREE)  
Rugminik Updated   
NSE:LEMONTREE   LEMON TREE HOTELS
Trend Analysis Chart Patterns Beyond Technical Analysis LEMONTREE lemontreehotels swingtrading priceaction stockstobuy priceactiontrading
12
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trendanalysis chartpattern beyondta lemontree lemontreehotels swingtrading priceaction stockstobuy priceactiontrading
Stock is trading out of a consolidation Breakout, one can enter at 130 and look for swing targets at 135, 145, short term at 165.

Swing target of 10-15%, short term target of 25-30%.
Comment:
Target 1 done at 135, heading towards target 2.
Comment:
Time to watch this for 160 levels sooner.
Comment:
The results doesn't seem to look good, may come in for a dip, hence prefer to close the trade.
Comment:
The stock has now reversed , taken a weekly support at 126 levels, price confirmation, now poised to move to further supply levels of 155.
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