Stock of the day : Buy Indian Hotels Company Ltd For Target Rs. 440

31/08/2023 9:03:20 AM | Source: Religare Broking Ltd

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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Stock of the day : Buy Indian Hotels Company Ltd For Target Rs. 440 - Religare Broking Ltd

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