Stock of the day : Buy Indian Hotel Company Ltd For Target Rs. 444 - Religare Broking Ltd
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Indian Hotel Company Ltd
* We are seeing a steady uptrend in hotel sector and Indian Hotel is trading in sync.
* The stock has rebounded higher, after finding support around its previous resistance zone and its short term average.
* Price action coupled with momentum in hotel pack suggests bullish tone to continue.
* We thus recommend creating fresh longs in the mentioned zone
Buy Indian Hotel Company Ltd CMP 423.6; Range 421-424; SL 413; Target 444
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SEBI Registration number is INZ000174330
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