ITC Hotels Ltd
Long

ITC Hotels (D): MAJOR REVERSAL & BREAKOUT

170
Timeframe: Daily | Chart Scale: Linear

Explosive +5.16% surge today backed by a massive 20.01M volume spike! 🔥

Technical Highlights:
✅ Reversal: Confirmed a classic Inverted Head & Shoulders pattern!
✅ Breakout: Cleared & closed above the IHS neckline AND an angular resistance (active since Aug '26).
✅ Volume: Surging volume confirms heavy buyer accumulation.
✅ Momentum: Daily EMA positive crossover. MACD & RSI rising. 🚀

Key Levels to Watch:
🎯 Target 1: 172
🎯 Target 2: 178
🛡️ Support / Pullback: 162.85
(Previous neckline turned support)

Keep a close eye on price action over the coming days to see if the stock can sustain this high-volume trajectory! 📈

Are you tracking setups across the hospitality basket? Share your perspective below! 👇

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