2026-10-07 10:58:45 am | Source: Religare Broking Ltd
Stock of the day - Indian Hotels Company Ltd Target Rs. 782 - Religare Broking Ltd
Indian Hotels Company Ltd
Buy Indian Hotels Company Ltd CMP (Rs) 736 Range* 733-736 SL 710 Target 782
* INDHOTEL maintains a positive bias and turning gradually bullish, supported by a sustained rebound from the 100-DEMA and a sequence of higher lows.
* The stock has reclaimed the 50- DEMA while sustaining above its short-term moving average, indicating improving momentum.
* A decisive breakout above the descending trendline further validates the bullish bias and suggests potential trend reversal.
* Traders may consider accumulating the stock within the recommended range.
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