INDHOTEL

Technical View on Indian Hotel

The daily chart of The Indian Hotels Co. Ltd. (

) shows a medium-term uptrend supported by a rising trendline that has acted as a reliable support since October 2024. The stock recently faced resistance around the ₹825–₹850 zone and has corrected sharply, dropping 2.49% on the latest candle with increased volume (4.58M), suggesting strong selling pressure. Currently, it is hovering near a key horizontal support around ₹750. A breakdown below this level could lead to a retest of the ascending trendline near ₹710–₹720. On the upside, a sustained move above ₹775 is essential for bullish momentum to resume.