KRSCharts

Indus Tower (Near ALL TIME HIGH)

Long
KRSCharts Updated   
NSE:INDUSTOWER   INDUS TOWERS LTD
Date - 5th April 2024
Time - 11:15 Am


As We can see, Indus Tower one of good movers in recent time and gave breakout on weekly and Monthly TF.

Little late to post this idea but still Indus Tower is showing good movement on daily basis even when nifty is moderate.
Actual good entry was at 250 Rs. when its retest blue line shown in chart but still, I am posting this idea because volume level is very high on downside from current price and due to lesser volume on upside Indus Tower is more likely to touch and break ATH Price level too.

Thank You!
Comment:
After Today Gap Down its Bounce back and back to real price, its shows buyers the strength is still there.
Comment:
I was very confident about Indus Tower when it was 250 Rs, only reason was it had stronger volume below those times current price (250Rs) and vice versa lesser volume above 250 price range.
As we Can see in Chart .
Comment:
Makes the New High
Nearest Strong Support will be 333 Rs for Long Term.
Comment:
Indus is near support as we discuss early 333 Rs.
Comment:
Retested, You can Avg at this price.
New !!!!
Trailed SL 333 Rs. Daily Closing Basis
Comment:
Averaging your price if sustain above 333 Rs,
First let it close above 333 Rs.

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