Stock of the day - Indian Hotels Company Ltd Target Rs. 836

2026-10-23 11:42:54 am | Source: Religare Broking Ltd

Stock of the day - Indian Hotels Company Ltd Target Rs. 836 - Religare Broking Ltd

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Indian Hotels Company Ltd

Buy Indian Hotels Company Ltd CMP (Rs) 782.30 Range* 780-783 SL 753 Target 836

* INDHOTEL has registered a decisive bullish breakout above a prolonged rectangular consolidation pattern and descending resistance trendline.

* The stock is sustaining above key moving averages, while the rising 20-day EMA reinforces the improving technical structure.

* The breakout is supported by a significant expansion in trading volumes, indicating stronger buying participation and conviction.

* Traders may consider accumulating the stock within the recommended range.

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Stock of the day - Indian Hotels Company Ltd Target Rs. 836 - Religare Broking Ltd

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