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INDUSTOWER

Analysis on demand of Subscriber | #1 | IndusTowersA weekly supportive level with a daily trend line that too supportive if both broken downwards cant give u good momentum unless a big gap down takes places with follow-up selling on it making it a gap down power candle (RED). Well, we can't see that happening here + it also has good resistance on the upper = it needs a big (green) candle power one with volumes above average to make it bullish for the future too. Thus a side way momentum is generated in such cases. I would have a neutral approach on this stock unless any one things of the 2 mentioned above happen. I hope u like what I see and help u people in any way... Happy trading :)
NSE:INDUSTOWER
by Averoy_Apoorv_Analysis
2
Indus Tower | Long term Trendline Break 🎯⭕ Positional Trading opportunity ! weekly Chart Alert !!! ⭕ --Buy above =256.90 or CMP --Target = 297.35 | 330.90 --Stop-loss = 232.30 --R:R = 3.01 --Expected Profit = (28 % ) --Expected Holding = 1-3 Months only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕ Technical Reasons to trade or Strategy applied :- ⭕ 1) Trendline & resistance & 200ema Breakout 2) Volumes are okay 3) Bullish candlestick pattern 4) Targets are based on resistance zones 👇👇200 EMA breakout 👇👇 Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:INDUSTOWERLong
by ReviveTraders
5