LEMONTREE trade ideas
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.
LEMON TREE HOTELPrice has already broken out of contraction pattern.
A fresh breakout is seen at current levels.
LEMON TREE LEMON TREE - Rounding bottom formation
A good breakout possible above 90 (weekly close). No entry until then.
Target post entry = 30%
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.
✅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.
LEMONTREE1. Volume in support
2. Enter at pullback / discount
3. Would recommend if price action reversal at pullback supports good R:R
weekly breakout stock with volume..BUY LEMON TREE AT 72.85 weekly chart breakout with volume..good risk reward..position stock for 1 month...
Buy lemon tree@ 70-72lemontree looking good for short term trading given fresh breakout with good volume
LEMONTREE : LEADING DIAGONAL : ELLIOTT WAVE ANALYSISLEMONTREE HOTELS : It has formed a LEADING DIAGONAL pattern. Keep an eye for retracement zone as shown.
Definitely not SEBI - Registered. So, this is only for educational purpose.
Lemon Tree Hotels BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
LEMONTREE - Bullish setupLemonTree - Global hotel chain looks over crowded with summer bookings and expansions. with SL daily closing basis of 61 looks good for ATH+
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.
Lemon Tree Hotels BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Buy Long - Lemon Tree Hotels For Target of -76 ,SL -57NSE:LEMONTREE Cup & Handle Formation... breaks with high volume Buy at 58/59.. Approx. days-29
Lemon Tree setting up very well for a good move#LEMONTREE weekly charts. Similar setup to what I discussed in #TTKHEALTH on #YouTube
- 2.5-year downtrend breakout in May'21 with volumes
- Inverted HnS breakout in Oct'21 with volumes
- Base on-base setup
- CCI>100 & excellent RS on weekly
- Stop 45
#stockideas #trendlines
LEMONTREENSE:LEMONTREE
please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
LEMON TREE - Time the Lemons RipeLemon Tree - Looking good to give a good wedge breakout...! above 64 it has further potential of going past 3 digits. Fingers crossed. SL for this 45.
DISC:Not a SEBI Registered. I post charts for my own study
LEMONTREEVery strong stock.
Strength is good.
Previous swing high break out with volume.
Out parforme banchmark index and sectorel index.
All technical indicators are positive.
