SthitaprajnaYogi

LEMONTREE for 15% (approx..) Gain

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NSE:LEMONTREE   LEMON TREE HOTELS
LEMONTREE HOTELS is showing symmetric triangle breakout and there is another reason to select that
now a days India is hosting "G-20" meetings and hotel's sector is most important for these.

CMP : 82
TG : 96
SL : Below 21 EMA
R/R : 3 times (Risk to Reward)

Stock's selection based on 5 Point Analysis :
1: Breakout.
2: Supported Volume, Delivery & VWAP.
3: 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: PE, PAT, Industry & peer PE and sector performance.
5: Entry Timing on 2 hour chart.

Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.
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you can trail your profit from here.. or simply booked all
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The power of chart pattern

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