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Industowerlong

Indus Towers Ltd – Breakout Trade IdeaIndus Towers has given a breakout from a downward sloping trendline , indicating a possible trend reversal. The move is supported by increasing Put writing and Call unwinding at the 400 strike , showing strong support and bullish sentiment in the options data. The stock is also backed by good quarterly results , adding strength to the price action. Trade Setup Buy: ₹408 (Current Market Price) Target: ₹450 Stop Loss: ₹390 (Closing basis) View: Bullish above ₹400 Risk–Reward: Favorable
NSE:INDUSTOWERLong
by Chart_Code
INDUS TOWER : LongChart Type: Weekly (each candle = 1 week) Indicators: 20 EMA + RSI (Relative Strength Index) Pattern Highlighted: Bullish Engulfing near support Volume: Rising on the bullish candle Price Action Zone: From ₹320–₹460 range Support Zone: Around ₹320–₹330 This zone acted as a base multiple times — buyers consistently defended it. A strong bullish engulfing pattern formed at the support, followed by a high-volume breakout above the 20 EMA. This pattern often signals reversal from downtrend to uptrend. Price has reclaimed the 20 EMA after several weeks below it — a short-term bullish sign. RSI rebounded from near 40 levels and is now rising toward 60 — confirms improving momentum. Resistance Levels: First resistance: ₹430–₹435 Second resistance / target zone: ₹460 🟩 Trading Plan Entry: Aggressive entry: Near ₹395–₹400 (current level after bullish confirmation). Conservative entry: On a retest of ₹370–₹380 (if price pulls back to 20 EMA). Confirm entry on a weekly close above ₹400 with sustained volume. Stop Loss (SL): Place SL below ₹340 (below bullish engulfing low and support zone). Risk per trade ≈ ₹60 (400–340). Take Profit (Targets): Target 1: ₹430 → Partial profit booking zone (~8% gain). Target 2: ₹460 → Previous swing high / full target (~15% gain). Extended target (if momentum strong): ₹500+ (psychological level). Risk–Reward Ratio: Entry ₹395–₹400 Stop Loss ₹340 Target 1 ₹430 → 1:0.6 Target 2 ₹460 → 1:1.3 Good setup for swing trade with clear technical confluence.
NSE:INDUSTOWERLong
by PowerOfTA
1
Indus Towers Analysis(Double Bottom)!!INDUS TOWERS WEEKLY ANALYSIS Indus Towers has made double bottom at Support Level on Weekly Timeframe Indus Towers is trading near it's 82 Week resistance trendline Keep an eye on Indus Towers Indus towers is trading at it's crucial levels. We can see the price is taking resistance at 82 Weeks resistance Trendline. Now Indus Towers made has Double Bottom Patter at it's support level. If Indus Towers succeeds to break 82 Week trendline then we can see the further bull move towards our projected Target. I did all my analysis on the chart. Please do study it thoroughly, do your all the analysis, explore all the trading platforms, Compare the analysis because no one is 100% accurate but we will have a broader view of trend if we do study all the analysis and explore all the available platforms. Trading Psychology and Setup= Entry = Aggressive Entry after Resistance Trendline Breakout, Conservative entry after candle closes above 174.65 after retest Target = Projected Target will be 234.35 Stop Loss = Below 165.15 Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
NSE:INDUSTOWERLong
by Avinash9087
2