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.
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.