A TECHNICAL UPDATE ON THE INDIAN HOTELS LTD-17.11.2025

 

THE INDIAN HOTELS LTD

 

Open—712--High---724---Low—712--Close---720.80 on 14.11.2025.

All-Time High:-894.90 made on 20.12.2024.

All-Time Low:-11.60 made in 2001.

Recent Low:-682.70 made on 17.2.2025.

Support:708.10/703.20/699/682.70/672.60/650.40/649/645.90/642.05/599.55/571.05/531.05/506.45.

Resistance:726.95/735/753.95/777.40/791.45/792.55/811.95/853.35/858/894.90.

(Bold and underlined figures are most important).

The overall technical setup still looks weak and it is into corrective mode, but now it is moving in a very critical range of 725---695 and breakout on the either side will decide further direction for the stock, if it moves above 725 and sustain on the closing basis then it can extend the up-move and the broad upside target could be 758---784---810---842---850(for in between resistance points see the resistance table on the upside) it may correct at any of these points and then may resume the up-move again or it may halt the up-move and move sideways for a while, but if it moves above 850 and sustain on the closing basis then it could retest its all-time high of 894.90 or may go beyond it also. 

Similarly break and sustained close below 695 can drag it down to the range of 650.90---645.90 this is a strong bounce back range, but if breaks below 645.90 and sustain on the closing basis then it may witness an accelerated fall and can drag it down to lower levels and in that case the worst price for the stock could be in the range of 525---490 as of now, but it has to be reviewed from time to time. 

Since, it is moving within its critical range 725---695 a token quantity can be bought now or on decline but not below 695 with a stop loss of 685 so that you can track the stock regularly. Please note that one can add on the quantity only once it moves above 725 and sustain on the closing basis with an appropriate stop loss. 

IMPORTANT: DO NOT TRADE OR INVEST WITHOUT STOP LOSS. 

NOTE: - It is a technical assessment of the stock as of now, the technical interpretation changes with the price movement and time, therefore it has to be reviewed at regular intervals, furthermore  investors are advised to look into fundamental, financial details of the company because that too keeps on changing and last but not the least management perception for the future of the company before taking investment decision.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view. This is for educational purpose. 

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS. 

Note: Price stated here are of spot market. 

Contact me for strategic guidance to enter and exit trade. 

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.