Here comes another gem in this sideways market.Shooting up with good volumes and, very strong on larger weekly time frame.Stock has given a breakout after good consolidation from Sep '2022 and currently trading in uncharted territory.Set up is too good to ignore and is having a good Risk to reward ratio.Stop weekly close below 300 and immediate Fib targets seems...
this stock crossed the IPO price for the first time after consolidating within 35% near ATH for about 8 months shows all good signs to add to the watchlist and waiting to restest for entering.
India’s hotel industry has witnessed a robust turnaround in demand after the pandemic, led by the rising discretionary spending on tours and travels, revenge tourism, improving economic environment fuelling corporate travels and revival of mega wedding season and other cultural events. Again G20 & IPL is expected to increase demand for travel.
Industry has Strong...
Hello Traders !
The above analysis was done on a "Monthly" basis, the holding period may take a few weeks or months to reach the targets.
Trade Setup and Analysis :
In monthly time, we can see an ascending triangle pattern on the above chart, as well as a Cup and Handle structure, which I have highlighted in the image below; both patterns were bullish in...
Rohltd Long consolidation breakout
volume and price action on Bull move
our trading setup cooking near trigger point
expecting big move once a trigger made
all levels shared for education purpose.we are not sebi registered
Royal orchid hotels ltd good for swing trading
breakout on weekly chart
volume high on daily chart
Buy 272
1st target 329
2nd target 385
sp 211
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes
ROHLTD NSE Royal Orchid Hotel is bullish if 157 holds. NEW 52WEEK High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco . Not Sebi Registered.
This stock has broken the 92 level resistance , re tested it few days ago and has now formed bullish pattern confirmation on a daily chart. Right time to buy for minimum 15% returns in upcoming months. If the stock tests the 93 levels again , it would be an opportunity to buy more.
CMP : 100.40
TARGET 1 : 120
TARGET 2 : 133
PS : For educational purposes only
Stock Analysis: ROHLTD has broken the reverse head and shoulder pattern, it is good buy around marked demand areas with below level as stop loss for the target given on the chart for longterm. Let's see
Happy Investing!
