12-09-2024 10:44 AM | Source: Religare Broking
Stock of the day : Indian Hotels Company Ltd For Target Rs. 720 - Religare Broking

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Indian Hotels Company Ltd

* INDHOTEL exhibits a strong uptrend by forming series of higher highs and higher lows.

* It has been creating a base on base pattern while holding above its 20 WEMA highlighting accumulation by stronger hands.

* It has witnessed a fresh breakout form elevated base suggesting bullish tone to continue.

* Traders can consider longs in the mentioned range

 

Buy Indian Hotels Company Ltd CMP 684.75 Range 683-686 SL 665 Target 720

 

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