INDUS TOWERS LTD - POSITIONAL - 1 WEEKINDUS TOWERS LTD .. Positional Bullish for short term pick ( 1 week ..) hourly chart seen bullish trendline as well as resistance breakout recently,
Last trading session bullish hammer candle at support level also seen , HAMMER CANDLE is indication of strong support level Where stock does not want to fall further.
RSI seen at 60 bullish level.
1 week positional target 275 ( 17 - 25 Feb 2022 ) Potential upside 10%
BUY INDUS TOWERS LTD 258
TARGET 270-275
STOP LOSS 250
** THIS IDEA IS FOR EDUCATIONAL PURPOSE..trade at own risk. !
HAPPY TRADING. !!
1week
RELIANCE INDS LONG 1WA Triple bottom (encircled in the chart) can be seen on the weekly chart of Reliance Inds. RSI shows good momentum in the stock. MACD giving bullish signs. I would recommend a LONG swing on Reliance Inds.
Target 1: 2140
Target 2: 2194
Target 3: 2320 (A long jump is expected after crossing target 2)
Stop Loss: 1927
Note: Trail your stop loss to avoid losing achieved targets.
Just for educational purpose.