EIH Hotels potential breakout

٣٠ مايو ٢٠٢١

EIH has been trading in the rising channel. The current resistance will be Rs. 120 for this week ( 31 May- 4 June). The hospitality sector has taken a big beating in the pandemic, so the price is essentially the minimum that we are getting. My target by the end of 2021 is Rs.160.