2024-11-18 10:43:23 am | Source: Religare Broking
Stock of the day : Indian Hotels Company Ltd For Target Rs. 775 - Religare Broking
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
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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.
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