Sep 16, 2009

Indian Hotels can go upto Rs 105-110

Indian Hotels Company can go upto Rs 110-115, say Technical Analysts.

Indian Hotels will take a fairly long time in appreciating significantly from here on. It has to trade above the Rs 83-85 band in a consisten fashion with higher volumes for the bulls to really return with a great deal of conviction but coming 4-6 months we can expect it to trade in the triple digit mark, close to Rs 105-110 levels.

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