Stimulus - A ray of hope for tourism industry.
MHRIL is a popular hotel company operating in India. The stock reached its all time high in 2017 and is consistently in a downtrend since then. After consolidating below the significant zone the stock witnessed the great covid 19 fall. After the recently announced stimulus package the stock has shown a fresh breakout of significant zone. Buying opportunity is seen if the retest is successful and covid 19 restrictions are further eased.
**DYOR**
**DYOR**
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