The Indian Hotels - LONG
The stock has shown a shakeout followed by a strong close after consolidating within a tight range, indicating potential bullish momentum. A good entry point is near 790, with a stop loss placed at 750. The price action suggests a strong upward move is likely, making it a solid opportunity to go long with a favorable risk-reward ratio.
Disclaimer
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.