INDHOTEL - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.2

Here’s a comprehensive technical analysis of Indian Hotels Company Ltd (INDHOTEL)

📊 Trend Overview

Phase: Trending upward with moderate momentum

Price Action: Trading above both 50-DMA (₹769) and 200-DMA (₹752), confirming bullish alignment and trend continuation.

Volume: Strong — current volume (48.6L) is nearly double the 1-week average (24.4L), indicating heightened interest and accumulation.

📈 Momentum Indicators

RSI (56.4): Neutral-to-bullish zone — suggests healthy momentum with room for further upside.

MACD (4.85): Positive and diverging — confirms bullish momentum and trend strength.

Bollinger Bands: Price likely approaching the upper band, indicating strength but also potential for short-term resistance or pause.

🧭 Chart Patterns

Ascending Channel: Price has been forming higher highs and higher lows from ₹646, indicating a sustained uptrend.

Breakout Setup: Price is approaching resistance near ₹795–₹800; a breakout above this zone could trigger a fresh rally.

🔍 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 769 50-DMA, short-term base

Support 2 752 200-DMA, long-term support

Support 3 720 Previous swing low

Resistance 1 795 Minor resistance zone

Resistance 2 820 Pre-high congestion zone

Major Resistance 895 52-week high

🎯 Entry & Exit Zones

Optimal Entry: ₹769–₹782 (on dips with volume confirmation)

Short-Term Target: ₹795–₹820

Exit Zone / Stop-Loss: ₹752 (below 200-DMA)

🔄 Short-Term Outlook

Momentum: Positive and building

Bias: Bullish above ₹769; cautious below ₹752

Phase: Trending — with breakout potential

🧠 Key Takeaways

INDHOTEL is in a healthy uptrend supported by strong volume, bullish indicators, and proximity to key resistance.

RSI and MACD confirm momentum, while moving averages reinforce trend strength.

A decisive close above ₹795 with volume could unlock upside toward ₹820–₹895.

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