THE INDIAN HOTELS CO. LTD
Long
Updated

INDIAN HOTELS- 25% upside on charts

446
INDIAN HOTELS, CMP 791.80;

Indian hotels has given good runup and created good wealth for investor. As of now on wave analysis of weekly chart suggest wave -V targets at 1015-1050 level. Upside potential of 25%a are visible on charts.

Accumulate: 750-800
Resistance @ 900-920
STOP LOSS: 705
TARGET: 1015-1050

Time Horizon: 3 Months
Trade active
Few Key Levels has been re-calculated based on the larger Elliot Cycle count and recalibrated. Please make a note of the same.

Accumulation Zone : 650-700

STOP LOSS: 625


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