Uday_Mandal

EIHOTEL - Breakout and Retest Setup ๐Ÿš€

ืœื•ื ื’
Uday_Mandal ืžืขื•ื“ื›ืŸ   
NSE:EIHOTEL   EIH LTD
Hey Traders! ๐Ÿ“ข

EIHOTEL is showing a promising Breakout and Retest setup, making it an excellent candidate for swing trading. ๐Ÿ“ˆ

**Key Points:**
- Clear breakout from previous resistance.
- Retesting the breakout level, confirming potential support.
- Positive momentum indicators.
- Potential for a significant upswing.

**Trade Strategy:**
- Entry: Above the retest level.
- Stop Loss: Below the support-turned-resistance.
- Target: Aim for a favorable risk-reward ratio.

Remember to conduct your analysis and risk management before entering any trade. Happy trading! ๐Ÿš€๐Ÿ’ฐ

#SwingTrading #StockMarket #TechnicalAnalysis #EIHOTEL #TradingView #SwingTradeOpportunity
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