Indian Hotels Co. Ltd – Technical Insight

Indian Hotels Co. Ltd – Technical Insight (SEBI Reg. INH000019886 | Educational Purpose Only) 🔹 Technical View: Price trading inside a broad falling channel, slowly approaching the upper boundary. Strong bullish candle today with clear rejection from lower support zone, showing buyers gaining control. Price has moved above the mid-Bollinger band and is testing the 20-EMA, turning short-term momentum positive. Increasing bullish volume confirms accumulation. RSI climbing toward 55+, signalling strength building from oversold zones. 🔑Key Levels: Upside: ₹752 → ₹785 (channel resistance) Supports: ₹724 / ₹685 🔹Pattern Outlook: A sustained close above ₹752 can trigger a breakout from the falling channel, opening potential upside toward ₹880–₹920 based on pattern projection. ⚠️Disclaimer: Educational purpose only; not a buy/sell recommendation.