INDHOTEL - 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 ...
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 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+.
Indhotel is making a bearish pattern, below #304 I can enter in this stock, and the stop loss will be 314 you can take a target 1:1 or 1:2 in 2-3 days.
Entry: @ 304
Stoploss: @314
Target: 1:1 or 1:2
INDHOTEL:
Looks Bullish, at All time High
Brokeout above recent swing high.
Long above 275.
Targets : 280,285,290,300, 305+
SL 265 Closing basis.
Education purpose only. Not a SEBI registered analyst.
-Saptarish Trading
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Hello Traders.
Firstly Speaking of last posts PEL has achieved its first target on the same day and the trade is still running, ICICI bank is still consolidating but has neither hit the SL nor has given a significant move either side.
Speaking of the current chart of INDHOTEL , It made a ATH after the Covid pandemic bans were lifted and has been in a bull...
INDHOTEL Looks strong above the resistance zone of 133-134 with SL of 112 WCB
- RSI has already given trendline BO
- RSI levels 60 is acting as resistance, once closed above 60 levels one can expect fireworks.
All key levels are mentioned in the chart.
