ET Online | 16 Jul 2026, 07:00 AM IST“Chalet Hotels stock has staged a strong bullish breakout on the daily chart after surpassing a prolonged consolidation zone and moving above a key horizontal resistance, indicating renewed buying momentum. Traders can buy for a target of Rs 965-975 in the next 1-2 months,” Shitij Gandhi, AVP – Equity Technical Research, SMC Global Securities, said. Show more Show lessRead more onRelated Videos02:1002:3408:1401:4902:1904:4202:2301:2002:2006:1016:1523:1801:2801:4901:3505:3302:5410:4502:0603:1603:0417:4708:4303:1105:2503:3203:3209:5315:0008:5702:5602:3904:1202:27
Breakout above key resistance makes Chalet Hotels a buy: Shitij Gandhi
“Chalet Hotels stock has staged a strong bullish breakout on the daily chart after surpassing a prolonged consolidation zone and moving above a key horizontal resistance, indicating renewed buying momentum. Traders can buy for a target of Rs 965-975 in the next 1-2 months,” Shitij Gandhi, AVP – Equity Technical Research, SMC Global Securities, said.
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