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INDHOTELMARKET OUTLOOKSTOCK OUTLOOK

INDIANHOTEL Outlook for the Week (May 20, 2024 – May 24, 2024)

INDIANHOTEL
INDIANHOTEL
INDIANHOTEL closed the previous week on a negative note losing 6.77%.

Technically, INDIANHOTEL share price will see immediate support at 546.40 and immediate resistance would be seen at 585.30.

If INDIANHOTEL share price closes below immediate support of 546.40, then sharp breakdown can be seen. INDIANHOTEL share price will see major support at 521.70 for the week.

On the positive side, immediate resistance will be seen at 585.30. Closing above 585.30, INDIANHOTEL share price will see a sharp breakout. Major resistance for INDIANHOTEL share price will be seen at 599.50 for the week.

Trading range for INDIANHOTEL share price for this week should be between 507.50 on down side and 624.20 on up side.

INDIANHOTEL Previous Week High: 574.8

INDIANHOTEL Previous Week Low: 535.9

INDIANHOTEL Previous Week Range: 38.9 Points

INDIANHOTEL share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 624.20
Resistance 2 599.50
Resistance 1 585.30
Support 1 546.40
Support 2 521.70
Support 3 507.50
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