The target upgrade in Lemon Tree comes on the back of the company signing a franchise agreement for an upcoming hotel in Mussoorie, Uttarakhand. This opening will be in addition to its eight existing and seven upcoming hotels & resorts in the state, the company filing of December 28 said.
State Bank of India has closed in an inside range of the previous month's candle with positive divergence and a doji candle indicating a breakout on the higher side.
ICICI Bank has been consolidating in a broader range of Rs 820-875 levels since the last two months, as prices can be seen fluctuating around its 200-day exponential moving average.