Wed Nov 20 08:16:09 UTC 2024: ## Angel One Analyst Recommends Indian Hotels and Eicher Motors for Monday Trading

**Mumbai, November 18, 2024** – Rajesh Bhosale, Equity Technical Analyst at Angel One, has advised investors to bet on Indian Hotels Company Ltd and Eicher Motors Ltd on Monday, November 18th. Bhosale’s recommendations are based on technical analysis and bullish market predictions.

**Indian Hotels Company Ltd (IHCL):** Bhosale notes that IHCL stock has shown exceptional strength, trading at all-time highs despite broader market weakness. A decisive breakout above the ₹720-₹640 range, coupled with increased trading volume, confirms a strong continuation pattern. He recommends a “buy” at around ₹741-₹735, with a stop loss at ₹709 and a target price of ₹820.

**Eicher Motors Ltd:** Bhosale highlights the stock’s support at the crucial ₹4,500 level, coinciding with the 200-DSMA. A strong rebound on Thursday, forming a “bullish kicking” reversal pattern, further strengthens the bullish outlook. He suggests a “buy” around ₹4,884-₹4,850, with a stop loss at ₹4,690 and a target price of ₹5,300.

**Disclaimer:** The views expressed are those of Rajesh Bhosale, Equity Technical Analyst at Angel One Limited, and do not represent the views of the company. Investment decisions should be made based on individual risk tolerance and thorough research.

*(Note: The original text also included unrelated news snippets about Maharashtra elections, Bitcoin, and PM Modi’s visit to Guyana. These have been omitted from this news article to maintain focus.)*

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