Currently the stock has discounted 13% from all time high levels.
Indian Hotels (Daily): 1. Gave the closing above 20 Days Exponential Moving Average 2. Descending Triangle Breakout 3. Good volumes on Breakout
View Point: 1. Entry after Breakout Retesting
Addl Points: 1. FII/FPI have increased holdings from 13.48% to 15.19% in Dec 2021 qtr. 2. Mutual Funds have decreased holdings from 18.74% to 18.08% in Dec 2021 qtr
Notes: 1. The above analysis is just for educational purpose.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.