LKP Spade : A Weekly Pick - Buy Chalet Hotels Ltd For Target Rs.402 - LKP Securities
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Chalet Hotels Ltd
* The stock has given a consolidation breakout on the daily chart suggesting a rise in optimism.
* Besides, the stock has moved above the previous swing high on a smaller timeframe.
* The RSI is in bullish crossover and rising.
* Over the near term the stock may move up towards 483/402. On the lower end support is visible at 347
Buy Chalet Hotels Ltd @ Rs.365 CB Target Rs. 383/402 Duration 1 Week
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