Stock Radar: Indian Hotel stock breaks out from falling channel resistance on weekly charts; time to buy?
- Posted on June 22, 2026
- By Business News Today
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- 1 min read
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.
