Indian Hotels Co. Ltd – Technical View

📊 Indian Hotels Co. Ltd – Technical View Timeframe: Daily Price is trading inside a descending channel, showing range-bound behavior with repeated rejections near the upper trendline. Recent candles indicate minor buying support near the lower Bollinger Band, but momentum remains cautious. The stock is still below key resistance, and a strong breakout confirmation is required for trend reversal. 🔑 Key Levels Support Zone: ₹700 – ₹710 Immediate Resistance: ₹745 – ₹750 Breakout Zone: Above ₹760 (sustained close) 📈 Outlook As long as price stays inside the channel, expect consolidation. A decisive breakout above ₹760 with volume can open fresh upside. Breakdown below support may invite further pressure. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS