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.
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