Chalet Hotels Ltd – Bullish Reversal Near Key Support Zone

The stock is showing renewed buying interest after a correction, with a strong bullish candle indicating potential trend continuation. 🔎 Technical Observations: • Correction followed by consolidation near support • Strong bullish candle with fresh buying • Price recovering from ₹866–895 zone • Right-shoulder support structure visible • Momentum indicators showing recovery 🔑 Key Levels to Watch: • Immediate Support: ₹895 – ₹866 • Major Support: ₹837 – ₹808 • Immediate Resistance: ₹925 – ₹954 🚀 Upside Targets: • ₹925 • ₹954 • ₹983 • ₹1,013+ 📉 Risk Scenario: Breakdown below ₹866 may weaken the setup and lead to further downside towards ₹837–₹808. 📈 Trading View: 👉 Buying interest visible near support levels 👉 Sustained move above ₹925 can trigger fresh bullish momentum 👉 Breakout above ₹954 may open the way towards higher targets ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊