Stock Radar: Indian Hotel stock breaks out from falling channel resistance on weekly charts; time to buy?

Indian Hotels Company Ltd has broken out of a prolonged falling channel on weekly charts, signalling a potential uptrend. Analysts see the stock heading towards Rs 785 over the next 3-4 weeks, backed by strong momentum indicators, bullish moving average positioning, and a buy signal from the Supertrend indicator.

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.com