Stock of the day : Indian Hotels Company Ltd For Target Rs. 775 - Religare Broking
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Indian Hotels Company Ltd
* INDHOTEL is continuously trading in a steady uptrend, forming higher highs and higher lows.
* Currently, stock is trading near its 52-week high levels.
* INHOTEL has bounced multiple times from 100 EMA and retained support trading above the same.
* After multiple inside bars of its big bullish candle, stock has given a crossover, forming bullish engulfing and bullish reversal.
* Traders are recommended to accumulate the stock for the mentioned target to the new 52-week.
Buy Indian Hotels Company Ltd CMP 740.50 Range 738-742 SL 718 Target 775
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SEBI Registration number is INZ000174330
