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Indian Hotels, IRCTC: Are travel related stocks a risky bet or a smart buy?

Any positive development in the travel industry may boost related stocks.

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Travel related stocks

Avdhut Bagkar Mumbai
Indian Railway Catering and Tourism Corporation (IRCTC)
Likely target: Rs 930       
Upside potential:  12%
 
As long as the accumulation range of Rs 800 to Rs 750 is protected and continue to see bullish interest, the stock price of IRCTC may see a rally towards Rs 930, which has become the immediate obstacle. That said, the Moving Average Convergence Divergence (MACD) has fallen below the zero line suggesting weakness and signalling stiff resilience on reversal. CLICK HERE FOR THE CHART
 
Delta Corp Ltd (DELTACORP)
Likely target: Rs 300       
Upside potential:  10%

The shares of