Chalet Hotels Ltd – Bullish Momentum Near Breakout Zone

The stock is showing positive momentum after maintaining a steady uptrend, with price forming higher highs and higher lows while sustaining above key support zones. Buying interest remains visible, and momentum indicators are gradually turning positive. The overall structure remains constructive as long as the stock holds above the ₹895 support zone. A sustained move above the ₹954 resistance level could further strengthen the bullish momentum and open the possibility of higher targets. 🔎 Technical View: • Higher highs and higher lows remain intact • Buying momentum is improving • Price sustaining above key support levels • Momentum indicators turning positive 🔑 Key Levels: • Support: ₹895–₹865 • Major Support: ₹837–₹806 • Resistance: ₹954–₹984 🚀 Upside Targets: ₹954 → ₹984 → ₹1,013+ 📉 Risk Scenario: A sustained breakdown below ₹895 may weaken the bullish setup and increase the possibility of a move towards lower support levels. 📈 Trading View: Sustained price action above ₹954 can trigger fresh bullish momentum towards ₹984 and ₹1,013+. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊