INDHOTEL

Indian Hotels, currently trading around ₹700, presents an interesting case where fundamentals and technicals diverge. While it’s undeniably a high-quality company at its core, my technical analysis indicates a need for caution, particularly for early 2026. The stock chart is showing two "rounding top patterns," which are often signs of weakness, suggesting a potential price correction. I anticipate a possible decline to the ₹580-₹600 range within the next one to three months. This isn't a call to panic, but rather to be vigilant. For existing investors who bought at lower levels, it might be wise to consider booking some profits. For those looking to buy, I strongly advise waiting for this expected correction to play out and only then look for signs of a rebound.