Hotel Leela

Discuss Hotel Leela at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello friends, see the chart of Hotel Leela: CMP: 71.55 Buy set up has ...


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  #1  
Old 30th December 2007, 11:16 PM
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winstonn is on a distinguished road
Default Hotel Leela



Hello friends,

see the chart of Hotel Leela: CMP: 71.55

Buy set up has been formed.

Pull your trigger on strong close above 73 on closing basis.

Technicals:

1) Huge volume activity.
2) Fibonacci retracement and a triangular consolidation.
3) Return of the volume
3) 50EMA cross 200EMA ( hey , this is not a buy signal, only a minor symptom )
4) Correction on decreasing volumes.


News Talked:

Goldman Sachs could buy 30% stake!


See ya,
Winston

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  #2  
Old 30th December 2007, 11:19 PM
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bhuwanpatel is on a distinguished road
Default Re: Hotel Leela

Are you talking long term or short term?
As per the fundamentals, I think its a little expensive for short/mid term at current levels. But thats my view.

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  #3  
Old 30th December 2007, 11:40 PM
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winstonn is on a distinguished road
Default Re: Hotel Leela

Quote:
Originally Posted by bhuwanpatel View Post
Are you talking long term or short term?
As per the fundamentals, I think its a little expensive for short/mid term at current levels. But thats my view.
hi,

it's for short term!

see ya

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  #4  
Old 31st December 2007, 10:36 AM
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nonstopkaran is on a distinguished road
Default Re: Hotel Leela

Quote:
Originally Posted by winstonn View Post
hi,

it's for short term!

see ya
what is the short term target dude.

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  #5  
Old 31st December 2007, 10:46 AM
noveshk
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Default Re: Hotel Leela

Currently the stock is trading @ 75. Touched 52 week high today.
What is your call on its ST Target?

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  #6  
Old 31st December 2007, 09:43 PM
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y2j826 is on a distinguished road
Default Re: Hotel Leela

90+ target in short term

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  #7  
Old 31st December 2007, 10:20 PM
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sudoku1 is on a distinguished road
Default Re: Hotel Leela

technically.....its a hold...only a close below 55 will alter the bullish outlook...

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  #8  
Old 31st December 2007, 10:56 PM
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ns_karthik is on a distinguished road
Default Re: Hotel Leela

hotel leela has also hot resistance....needs to clear that to rise further which may not happen soon....

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  #9  
Old 1st January 2008, 02:39 PM
vpk vpk is offline
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Arrow Re: Hotel Leela

Dear Experts,

At what level i should enter in Hotel Leela ?

Thanks
Vikram

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  #10  
Old 1st January 2008, 02:50 PM
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debdeeps is on a distinguished road
Default Re: Hotel Leela

Quote:
Originally Posted by ns_karthik View Post
hotel leela has also hot resistance....needs to clear that to rise further which may not happen soon....
Resistance at around 76-78 level. Closing above this resistance only encourages bullish outlook.

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