ROYAL ORCHID HOTEL LONG

Chart is self explanatory

Safe trader should enter if stock is giving closing above 108 on daily chart.

Aggressive trader can enter CMP on next trading session with 60% of planned capital for this stock and remaining 40% for any DIP if we get near the defined trendline.

Hold with Patience. Company has shown good Quarterly result.

Hotel stocks are picking up the pace as they are slowly recovering from COVID effect.

Disclaimer: This view is for only educational purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.