- Share.Market
- 2 min read
- Published at : 18 Aug 2025 12:34 PM
- Modified at : 18 Aug 2025 12:34 PM
Lemon Tree Hotels Ltd. (CMP: ₹153, Stop Loss: ₹140) broke past its base at ₹148 and is now inching toward the next resistance at ₹160. A potential MACD golden crossover, coupled with RSI moving higher from the neutral 40–60 range, adds to the bullish bias. A slight volume pickup confirms buying interest, while ₹143 serves as immediate support for near-term positioning.
Chalet Hotels Ltd. (CMP: ₹954, Stop Loss: ₹877) has posted three consecutive green sessions, reflecting steady momentum. A MACD golden crossover is already in place, while RSI is nearing the 70 mark, signaling sustained strength. A gradual volume buildup supports the price move, with immediate resistance seen at ₹1,030 and support at ₹860.
Both hospitality names are displaying constructive technical setups, but confirmation above key resistance levels will be critical for extending the rally. Traders should track price action closely and adhere to stop losses to manage risk.
Note: Charts and prices are as of 12 PM.
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