EIH Limited Breakout: Strong FY25 Results & New Hotel Projects Support Technical Upside

EIH Limited — Technical Breakout; medium-long term view positive

Quick take: EIH has broken the falling-channel ceiling and cleared rectangle resistance — technicals point higher, supported by recent company news and FY25 results.

EIH Limited has cleared the upper boundary of a medium–long term falling trend channel — a development that signals either a slowdown in the pace of decline or a shift toward a more sideways base. The breakout was confirmed by a move above the rectangle resistance around ₹386, which now suggests an upside objective near ₹432 and potentially beyond if buying sustains. The moving average crossover has turned favourable, implying continuation of the up-move; however, because moving averages lag, much of the initial rally may already be underway. Short-term technical support sits at ₹393 while resistance is marked near ₹430. Volume patterns are constructive — higher volume on up-days and lighter volume on down-days — which strengthens the near-term bullish case.

This technical improvement is reinforced by recent corporate developments: EIH reported a strong FY25 performance (consolidated PAT ~₹770 crore and healthy revenue growth), and at its 75th AGM the company announced several new hotel projects / management contracts — developments that support medium-term demand and earnings visibility for the luxury hotel portfolio. These fundamental catalysts make the technical breakout more meaningful for the medium–long term. 0

Parameter	Level / Signal	Comment
Recent breakout	Above ₹386 (rectangle resistance)	Validates channel breakout
Short-term support	₹393	Key level to protect bullish view
Near resistance / target	₹430 → ₹432+	Next supply area and target zone
Moving averages	Positive (bullish cross)	Signals continuation but is lagging
Volume profile	Positive volume balance	Supports short-term strength
News impact	New hotel projects + strong FY25 results	Fundamental tailwind for medium–long term.

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