2025-03-06 11:43:24 am | Source: Religare Broking Ltd
Stock of the day : Indian Hotels Company Ltd For Target Rs. 810 - Religare Broking
Indian Hotels Company Ltd
Buy Indian Hotels Company Ltd CMP 757.20 Range 755-758 SL 732 Target 810
* Indhotel has maintained its steady uptrend since inception, demonstrating a bullish structure.
* However, in line with market corrective phase, the stock too witnessed profit booking from record high levels.
* It retraced to the support of long term moving average and formed a base after a couple of weeks of consolidation.
* The stock has regained strength to revert towards its primary trend on the back of notable price action, giving an opportunity to go long.
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