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