Stock of the day : Indian Hotels Company Ltd For Target Rs. 475 - Religare Broking
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Indian Hotels Company Ltd
* We are seeing decent traction in the hotel space after a breather and INDHOTEL is trading insync.
* It has been forming series of higher high and low indicates primary up trend.
* The stock has formed a fresh buying pivot holding above its previous resistance (neckline) area.
* We thus recommend creating fresh longs in the mentioned range.
Buy Indian Hotels Company Ltd CMP 451.75; Range 450-454; SL 440; Target 475
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SEBI Registration number is INZ000174330
