Indian Hotels breaking out after 24 weeks consolidation.
Need to watch how the breakout above 227 sustains in the near term.
Price zone between 236 and 227 is important. This channel can act as short term consolidation area. Movement above 236 can add further momentum.
Short term target of 288.
Long term (12 months) probable target: 330.
Note: Not an advise to buy or sell, simply a personal analysis.
Need to watch how the breakout above 227 sustains in the near term.
Price zone between 236 and 227 is important. This channel can act as short term consolidation area. Movement above 236 can add further momentum.
Short term target of 288.
Long term (12 months) probable target: 330.
Note: Not an advise to buy or sell, simply a personal analysis.
Comment:
The support of 227 is still acting strong.
