CHALET HOTELS Testing Key Resistance Near 900
✅ The stock is currently testing a key resistance level around 900, with a potential breakout on the horizon. The price is trading above both the 100 EMA and 200 EMA, signaling continued bullish momentum.
✅ The RSI is at 57, indicating the stock has room to move higher without being overbought. A breakout above 900 could lead to a rally toward 950-980.
✅ With increasing volume and a solid base above the EMAs, the stock is well-positioned for further gains. Watch for a confirmed breakout above ₹900 for potential upside.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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