EIHOTEL has been taking resistance at 200-210 levels since 2008.
It is now approaching same levels again.
Person can enter around 205-210 based on weekly closing. It can move between 200-215 for sometime (1-2 weeks) and if it continue to consolidate at this zone, we are looking for good move ahead.
If this consolidate around 205-215, possible targets are 225, 235, 250
Keep SL around 198
Thanks
Piyush Gupta
Learn & Earn