Powered by: Motilal Oswal
2023-09-15 10:39:30am | Source: Religare Broking Ltd
Stock of the day : Buy Indian Hotel Company Ltd For Target Rs. 444 - Religare Broking Ltd
Stock of the day : Buy Indian Hotel Company Ltd For Target Rs. 444 - Religare Broking Ltd

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


Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ000174330


Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here