Stock of the day : Buy Indian Hotels Company Ltd For Target Rs. 440 - Religare Broking Ltd
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Indian Hotels Company Ltd
* We are seeing consistent buying in select Hotel counters and Indian Hotel is trading in sync.
* Witnessed a fresh breakout from a consolidation range. Holding strongly above 20 EMA.
* Price action coupled with strong volumes suggests bullish tone to continue.
* We recommend creating fresh longs in the mentioned range
Buy Indian Hotels Company Ltd CMP 416.65; Range 414-417; SL 404; Target 440
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