Kamat Hotels — Rounded Bottom / Cup Breakout
Kamat Hotels has given a strong breakout above the ₹245–250 resistance zone after forming a broad rounded-bottom structure.
The breakout is supported by improving volumes, a bullish MACD setup, and strong RSI momentum, suggesting positive trend continuation if the stock sustains above the breakout zone.
Since RSI is already elevated, a retest of the breakout area would offer a better risk-reward entry than chasing sharply higher levels.
Entry: ₹250–255
TP1: ₹275
TP2: ₹290–300
SL: ₹238 on closing basis
View: Bullish above ₹245.
For educational purposes only. Not investment advice.
Kamat Hotels has given a strong breakout above the ₹245–250 resistance zone after forming a broad rounded-bottom structure.
The breakout is supported by improving volumes, a bullish MACD setup, and strong RSI momentum, suggesting positive trend continuation if the stock sustains above the breakout zone.
Since RSI is already elevated, a retest of the breakout area would offer a better risk-reward entry than chasing sharply higher levels.
Entry: ₹250–255
TP1: ₹275
TP2: ₹290–300
SL: ₹238 on closing basis
View: Bullish above ₹245.
For educational purposes only. Not investment advice.
7even
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7even
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。