Target Price: Rs 150
Stop Loss: Rs 140
Stop Loss: Rs 140
Lemon Tree Hotels on the daily chart reveals a rectangle pattern, confirming a breakout with a gradual increase in volume bar, signaling buyer dominance. The strong closing above the resistance is now reflecting positive sentiment and price action. Support from the Fast (21) EMA suggests a bullish foundation for the upcoming days. The RSI is now hovering towards the northern zone, signalling upside momentum in the counter.
(Drumil Vithlani, Technical…
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