Stock Radar: Indian Hotels bounces back after taking support above 200-DMA on daily charts; check target, stop loss

Indian Hotels Ltd rebounded from its 200-DMA in early April, signaling a potential bullish comeback. Experts suggest a buy for short-term traders, targeting Rs 880 within 2-3 weeks. Positive indicators like Supertrend, RSI, and MACD support this outlook, with seasonality favoring the hospitality sector. A stop loss can be placed below Rs 825.