EIH showing breakout with volume on weekly time frame. Trading above 20, 50, 100 n 200 EMA on daily n weekly time frame. Stock Swing target of 502 and can move upside towards 586. Big support at 470.
Stock Completed Correction on Monthly Timeframe...stock started correction in 2008...good time to buy this stock at current levels with SL 115 for target 425
EIH has been travelling in a range, A breakout can proceed towards the next resistance.
EIH HOTELS LOOKING BULLISH AS THE HOTEL OCCUPANCY WAS AT THE HIGHEST LEVEL IN Q3 AFTER COVID PLUS GOVERNMENT CAN LAUNCH SOMETHING FOR THE HOTEL INDUSTRY IN BUDGET,