Search+Investment IdeasChalet Hotels' technical breakout and improving momentum have prompted analysts to project an upside target of ₹965-975 in the coming months.SynopsisChalet Hotels stock has broken out from an ascending triangle pattern. Experts suggest short-term traders can buy the stock for higher targets. The stock previously hit a high of Rs 1,080 but then declined significantly. It has since formed a strong base and rallied over 16% in three months. Sustaining above Rs 845 could lead to further price appreciation.Chalet Hotels Ltd, part of the hotel industry, broke out from an ascending triangle pattern on the daily charts which has opened room for the stock to head higher.Short-term traders can look to buy the stock for a target of Rs 965-975 in the next 1-2 months, suggest experts.The stock hit a high of Rs 1,080 on 1st August 2025, but it failed to hold the momentum. It closed at Rs 854 on 14th July 2026 which translates into a downside of over BYETMarkets.com 3 mins readJul 16, 2026, 05:00:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership