INDIAN HOTEL is making a 7-month consolidation B/O to its lifetime high, in its continuing bull run since May 2020. Since late April 2021 its 40-week MA has been acting as support including the latest consolidation low. Its RSI also entered bull zone above 60. We can expect some good rally in the counter.
Only personal analysis. No recommendation.
Only personal analysis. No recommendation.
Raju KMS Datla
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