Indhotel is just respecting the resistance that it has been respecting for from 13th oct.
Last day candle show some bullish movement but closes just near the resistance.
Tomorrow or day after tomorrow it may give a bullish movement closing above the symmetrical triangle pattern.
Break out above 212 can take the stock to 220-222 levels.
Target :- 220,225
stop loss :- 207
Last day candle show some bullish movement but closes just near the resistance.
Tomorrow or day after tomorrow it may give a bullish movement closing above the symmetrical triangle pattern.
Break out above 212 can take the stock to 220-222 levels.
Target :- 220,225
stop loss :- 207