TRADERS_AREA

CHALET HOTELS stock is giving a buy signal

Long
NSE:CHALET   CHALET HOTELS LTD
hey guys,
after a short period of consolidation,
chalet hotels has shown a sign of buy signal
this stock was following two patterns
i.e
. descending triangle
and a consolidation in a rectangular area
now this stock has crossed it's resistance area in both of these patterns
and we can see a great buying in this stock
a large green candle is made
and this green candle stated that we can buy this stock and earn high returns
also the 20 day ema is above the 50 day ema
this states that the stock is in a continuing uptrend
therefore, you can grab this opportunity and buy chalet hotels stock
BUT , FIRST CONSIDER THE GLOBAL SITUATION THAT IS INFLATION , WAR BW UKRAINE AMD RUASIA , RISING BANK RATES AND THE INCREASING EXPORT DUTIES ON CRUDE OIL
after considering these situations
you can buy this stock and earn high returns
😀😀
and pls guys, if you liked my analysis comment , like and follow my account
thanks 😀😀
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