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tradewidmufeeth

Lemon Tree Breakout-Retest Trade

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LEMON TREE HOTELS (NSE:LEMONTREE)  
tradewidmufeeth  
NSE:LEMONTREE   LEMON TREE HOTELS
Trend Analysis Chart Patterns Technical Indicators lemontreehotels TOURISM smallcap
4
0
trendanalysis chartpattern indicator lemontreehotels tourism smallcap
The stock has broken out with good volume and retested, therefore it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone, 200 EMA & the upper trendline. The target is placed near swing high.
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