Indian Hotels Ltd – Rising Wedge Breakdown Setup

Stock is showing weakness after a rising wedge formation, with price facing resistance near ₹745–₹757. 🔎 Technical View: • Rising wedge formation visible • Price rejected from higher levels • Momentum weakening • ₹722.75 is the key support zone 🔑 Key Levels: • Resistance: ₹745 – ₹757 • Support: ₹722 – ₹711 • Major Support: ₹699 – ₹688 📉 Downside Targets: • ₹711 • ₹699 • ₹688 • ₹676 • ₹665 📈 Trading View: 👉 Sustained move below ₹722 may trigger fresh downside momentum towards ₹699–₹665. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊