Stock of the day: Buy Indian Hotels Company Ltd For Taget Rs.335 - Religare Broking
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Indian Hotels Company Ltd
* INDHOTEL has been witnessing consolidation for the last six months, after making a new record high at 348.45.
* It’s hovering in a narrow range 300-330 and currently trading around the upper band of the same.
* The chart pattern and recent price action are pointing towards a fresh surge.
* We thus suggest initiating fresh longs as per the given levels.
Technical Chart : Daily
Buy Indian Hotels Company Ltd CMP 321.05; Range 319-322; SL 310; Target 335
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