Kamat Hotels — Rounded Bottom / Cup Breakout

76
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.

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.