INDHOTEL Break out trade

Nice consolidation in price since October 2021 till March 2022 and now break out. Price break out happened on 29th March after that nice base of 5 days with red candles near the upper breakout range and now a very strong bullish candle in formation. A good momentum buy with stoploss of 230 and target 265, 290. CMP 247.65
Trend Analysis

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