Indian Hotels - Possible break to 400?
Indian Hotels is now moving towards the life high on back of slow intent buying
Wait to pick up stock / call options on reversion back to 21 EMA - around 332
Dont chase this stock as it goes higher - prefer to take a position lower and then wait it out
Stop loss is around 315 for a target of 365
Weekly squeeze is also firing to the upside so this trade could be for 2-3 months
Be careful around 360 as stock has reversed 2 times from there - there will be sellers there
