Kamat Hotels (India) Ltd
Largo
Actualizado

kamathhotel fibonacci retrcaement

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on this kamathhotel, which already a bullish outperforming stock in this sector,
continuosly making higher high on a trendline and getting support on this line.
this position is also a trendline support area
now here also a confluance of fibbonacci retracement on its high support area( marked)
so may lead to a 8% target with trendline SL
Nota
performance not gone as expected, means however SL not hited, until now target or SL must have to reach.if hold this position few weeks later target may reached as its a strong stock then its peer company and not lost its momentum, but quiting position in break even may be a good idea or its the rule.

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