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01-01-1970 12:00 AM | Source: Religare Broking Ltd
Buy Chalet Hotels Ltd Target Rs.380 - Religare Broking
News By Tags | #6658 #474 #5695 #3050

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* CHALET has been seeing a phenomenal run for the last two years after the sharp decline in 2020. It has reclaimed all its major averages and reached closer to its record high zone.

* The recent consolidation above the support zone of 320 levels combined with buoyancy in the other hotel stocks is pointing toward the prevailing momentum to continue.

* It has the potential to retest the record high soon thus we recommend creating fresh longs in the given range.

Buy Chalet Hotels Ltd CMP: 350, STOP LOSS 334, TARGET 380

 

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