nitinKgupta

Indus Tower Slow and Steady rising up (Study Purpose)

Long
nitinKgupta Updated   
NSE:INDUSTOWER   INDUS TOWERS LTD
Falling Trendline from the year 2017 breakout.
Shall sustain above Rs232 for upside till Rs275 and then Rs333 post Q4 results.
Volumes are at all time high, huge accumulation on Budget day.
Good Q3 results,
SL Rs200.

Disclaimer : Above scenario just for educational purpose and study of graphical movements as per available technical parameters derived by professionals. Be careful before investing and consult your advisor before making such decisions. I am not responsible for any mishaps or losses or gains. Not a registered sebi member.
Not invested yet.
Trade active:
Macd positive crossover today, Histogram now showing strength.
Comment:
Buy on dips could be maintained. Volumes are high,
Ban in F&O and still price rise denotes Cash market buying in the stock.
Comment:
Trailing SL now revised to Rs228 on closing basis.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.