Indus tower and Godrejprop
Industower weekly brekaout & Godrej Prop Daily Breakout.
This weekly both stock are strong breakout stock.
Note - Only for edcation purpose
INDUS TOWER LOOKING BULLISH, THERE IS MULTI YEAR TREND LINE BREAK AND FORMATION OF HH AND HL FORMED, IN SHORT TERM IT MAY REACH AROUND 340 THEN 450 LEVELS.
HH = Higher High
HL = Higher Low
LH = Lower High
LL = Lower Low
This is for educational purpose only, do your own analysis before investing and try not to invest more than 5% of your capital.
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...
This stock has posted good Q3 results and increase in growth and profit. Expected to grow in near future.
In Technical view its traveling in Channel Pattern, once the above trend line breaks , we can expect a good move until 290++ to 300
share name : Indus towers ltd
call type : positional
- we can see a double bottom. bullish engulfing candle on weekly and monthly time frame also.
- share is forming a bearish bat pattern with
descending triangle pattern
- on support area around 180 (a good
consolidation can be seen)
- approachable targets 230, 259 with sl of 175
thanks
