EIHOTEL

- Stop at 305 or Further downside to 240

and other hotel stocks witnessed one of the most stellar rally in 2023 and 2024 The stock is in lower high lower low sideways correction which is between a channel formation it is also similar to a flag formation more importantly As per pattern 305 - 310 is important support of trendliine if this level breaks we may see further fall to 240 while if stock sustains a reversal