IndusTower | Ascending breakout of rounding bottom patternBuy at 384.8 SL 352.35 Target 455.9 Upside 18.48% Downside 8.43% R2R 2.2 Just an idea. Not a recommendationLongby kusharora0072
Back to breakout zoneIndus tower CMP 378.90 The stock is back to 38.2% fib support. This zone is also its previous highs. Hence its a strong support. The current support is from a higher swing indicating that it is expanding. Even the RSI is back to its role reversal zone. In my view its a very good buy.Longby singh17vivek116
UPCOMING SET UP SERIES SCRIPT- 12SHARED ANALYSIS based on purely price action only for a technical aspect. Described level does not need to necessarily be observed…. KEEP ADDING to your watchlist and wait patiently. LONG TERM INVESTORS can use described levels to accumulate OR hold….Longby RISINGSTONE1
Indus Tower Long As we can see stock took support from trendlyne on a higher frame with good volume pop out.If sustain above 400 level we can see upside movement upto 460. Let's see the what happens next. Longby Tradingwith_Faizan115
INDUS TOWERDate 22.09.2024 Indus Tower Timeframe : Day chart Remarks : 1 Formed a strong support trendline since December 2023 which was re-tested by 4 times & had sharp bounce from there 2 On recent closing formed Inside Bar after long selling candle. 3 At RSI it is in Oversold region. 4 Trade set-up will be Inside bar, High-Low break 5 If breaks out the Inside Bar high then Target 1 = 61% of Fibonacci, Target 2 = 50% of Fibonacci & Target 3 = 50% of Consolidation zone 6 If breaks down then, it will break the cloud followed by Target 1 = 365 & then will approach support trendline, if breaks support trendline as then sell/short entry Target = 200 ema 7 Being at oversold & inside bar looks like will break upwards. Today's news which is mentioned below : (I) Vodafone Idea has concluded a mega $3.6 billion (Rs 300 billion) deal with Nokia, Ericsson and Samsung, for supply of network equipment over a period of three years (II) Vodafone Idea, holds a 21.5% stake in Indus Towers, India's largest mobile tower installation company (III) Government of India has stake in Vodafone Idea of 23.8% as of September 2024 Indus Towers Recent Performance : Profit Growth = 195.65 % ROE = 25.08 % ROCE = 34.91% Sales Qtr Rs = 7383 Cr PAT 12M Rs = 6614.20 Cr P/E = 15.48 Operating Margin = 60 % (approx) FII = 23 % (approx) DII = 17% (approx) Hence, quite decent company looking at business, clients, company's physical assets & cash flows. Regards, Ankur Singh by AnkurSingh2
INDUSTOWER -short for 10 %price facing rejection at 450 level price -MACD negative divergence price breached 18 day EMA and facing rejection from 18 day EMA bearish inside bar formation (not a classical IB,yet its bearish ) followed by a bearish engulfing bar target and SL marked Shortby FrankzMDUpdated 1
Industower - Few things happening hereIndustower is currently exhibiting a bearish trend with several concerning signals: a fake breakout, a bearish flag breakdown, and the formation of lower highs. Traders should be cautious as these indicators suggest a potential continuation of the downtrend. The fake breakout implies that the recent upward move lacked genuine strength, while the bearish flag breakdown reinforces the bearish sentiment. Additionally, the pattern of lower highs signals weakening bullish momentum. However, if the stock moves above 440, this bearish view could be invalidated, indicating a potential reversal or strengthening of the bullish trend. Monitoring these factors closely and adjusting strategies accordingly will be crucial. by TradePatternsLikePro0
Indus Towers Ltd. -stock Analysis Indus Towers Ltd. is currently trading around ₹458.50. Over the past year, the stock has shown significant growth, with a 52-week range between ₹166.70 and ₹460.35. The company has been performing well, with a recent 196% increase in profit after tax (PAT) compared to the previous year, and a steady revenue growth of 1% year-over-year. The PE ratio stands at around 20.47, indicating a moderately high valuation. The stock has been gaining attention due to increasing foreign institutional holdings, which recently rose by 6.75%. Despite a decrease in promoter holdings, the overall market sentiment remains positive with a strong operational efficiency reflected in a 50.6% operating margin Disclaimer: I'm not a financial advisor, and this information shouldn't be taken as financial advice. Always perform your own research or consult with a professional before making investment decisions.Longby shivtoshiva20220
INDUSTOWER - Descending Triangle BO - MonthlyINDUSTOWER - Descending Triangle BO A descending triangle is a chart pattern used in technical analysis, often seen as a bearish signal. Name - INDUSTOWER Pattern - Descending triangle Timeframe - Monthly Status - Breakout with volume Cmp - 458 Target - T1- 482 and T2 -596 SL - 243 and TSL at 400 Fundamentals: Here are some key fundamental ratios and metrics for Indus Towers Ltd.: Market Cap: ₹1,179.84 Billion Current Price: ₹185.00 Price-to-Earnings (P/E) Ratio: 17.84 Price-to-Book (P/B) Ratio: 4.63 Return on Equity (ROE): 25.97% Net Profit Margin: 22.88% EBITDA Margin: 56.75% Debt-to-Equity Ratio: 0.248 Indus Towers has shown strong profitability with a high ROE and solid EBITDA margin. However, its P/B ratio suggests it might be relatively expensive compared to its book value.Longby VCharts_TA2
Potential Breakout in INDUS TOWERS LTDINDUS TOWERS LTD appears to be in a strong position for a potential multi-year breakout. However, it's important to exercise caution and conduct thorough research before making any investment decisions. By combining technical analysis, fundamental analysis, and risk management strategies, you can make informed decisions about investing in this stock. Double Bottom Pattern: As previously identified, the double bottom pattern suggests a reversal from a downtrend. If the price successfully breaks above the neckline, it could signal a significant uptrend. Increasing Volume: The rising volume during the price decline is a positive sign, as it suggests growing interest and potential buying pressure. Technical Indicators: The oversold RSI and positive volume could be early indicators of a potential bullish trend. Industry Trends: The telecom tower industry has shown resilience and growth potential, which could benefit INDUS TOWERS LTD. Potential Targets and Stop-Loss Target: If the price successfully breaks out and sustains 500+ T1 - ₹550. and T2 - 600 Stop-Loss: 3% Disclaimer: While this analysis suggests a potential multi-year breakout, it's crucial to conduct thorough research and consider various factors before making any investment decisions. Always consult with a financial advisor.Longby supertraders_india1
Indus Tower Long Positional Trade with breakout of triple topBreakout is coming in Indus tower as per the chart pattern after 8 years. Indus Tower Ltd Long Positional Trade setup.. on Monthly time frame. #Industowers #StockDiscussion #stockstofocus #StocksToBuy #StocksToWatch #banknifty #nifty50 #Finance #SwingTrading #BreakoutStock #IPOAlert #StocksInFocus #StocksToBuyLongby AvayaFintech1119
short term trading opportunity in Indus Tower for > 15% upsideHi, NSE:INDUSTOWER has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.Longby raigvivekUpdated 223
INDUS TOWER LOOKING BULLISHINDUS 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.Longby VNagarjunaUpdated 117
Indus Towers Ltd - Breakout Setup, Move is ON...#INDUSTOWER trading above Resistance of 418 Next Resistance is at 615 Support is at 309 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby MandeepSinghKohli4
INDUSTOWER (Volume Candle on 3 Month)TF-3M Closing above 335. It may blast. Volume candle near Trendline . Above 276 (TF-1W) Rounding Bottom formation. . Best for Investing purpose. Levels-Given on chart . I am not a SEBI Registered. This analysis is purely for educational purposes only. . If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.Longby Nshravan1Updated 6
This stock Can give you more than 400% Returns in next 2-3 YearsHello everyone, i hope you all will be doing good in your Trading and in your life as well. I have brought an Investment Stock, where you can park some money to grow in long term. In actually in stock market most of people they have made huge money by investing in Good stocks only. So this is kind of long term investing stock. This stock has good management. Indus Towers Limited is engaged in the business of object of, inter-alia, setting up, operating and maintaining wireless communication towers. The Company has a tower market share of 33% and tenancy market share of 42% which makes it leader in the telecom tower industry in India. The Long term growth story just has started because this qtr we have seen good result from Indus Tower, and this can be continue in future. So invest and forget and make money by just doing small investment. Market Cap ₹ 61,970 Cr. Current Price ₹ 230 High / Low ₹ 236 / 135 Stock P/E 11.1 Book Value ₹ 87.9 Dividend Yield 0.00 % ROCE 11.3 % ROE 9.71 % Face Value ₹ 10.0 Industry PE 39.1 Debt ₹ 20,704 Cr. EPS ₹ 20.7 Promoter holding 69.0 % Intrinsic Value ₹ 190 Pledged percentage 30.5 %(Negative) EVEBITDA 5.78 Change in Prom Hold 0.00 % Profit Var 5Yrs -3.97 % Sales growth 5Years 33.8 % Return over 5years -3.84 % Debt to equity 0.87 Net profit ₹ 5,582 Cr.(Excellent) ROE 5Yr 20.2 % Profit growth 104 %(Good) KEY POINTS Leadership Position The Co. has a tower market share of 33% and tenancy market share of 42% which makes it leader in the telecom tower industry in India. Pan-India Presence As on March 31, 2022 the company’s net tower portfolio stood at 185,447 and net co-locations grew to 335,791. The closing sharing factor stood at 1.81 times per tower. It is the first tower company to have a presence across all the 22 telecommunication circles. High Customer Concentration The company's customers are Bharti Airtel, Vodafone Idea, Reliance Jio and BSNL. The consolidation in the telecom industry has resulted in the exit of some players. The tenancy ratio for the company remains steady at 1.8 times Pre-Merger Details The company (Bharti Infratel) held 42% stake in Indus Towers Ltd before it merged with it. It had an economic interest in ~97,000 towers before the merger. Merger with Indus Towers Bharti Infratel merged with Indus Towers on 19th November 2020. As per the scheme, the company issued ~76 crore equity shares to the various entities of Vodafone Group and ~8.7 crore equity shares to P5 Asia Holding Investments Ltd aggregating to 28% and 3% respectively in the post-issue share capital of the company. The equity capital of the company increased from ₹1850 crores to 2695 crores post the merger Vodafone Idea Ltd received cash consideration of ~3,760 crores for its 11.15% stake in Indus Towers as it was elected/ decided by the same. The name of the company was changed to Indus Towers Limited as per the scheme of amalgamation. Change in Shareholding Pattern Vodafone Plc sold 7.1% of its stake in Indus Towers for a total consideration of ~Rs. 3,831 Crores. Out of this, 4.7% was acquired by Bharti Airtel for a consideration of Rs. 2,388 Crores while the remaining 2.4% was sold to other investors. As a result of these transactions, Vodafone Plc’s holding has decreased from ~28% to 21%, and Bharti Airtel’s holding has increased from ~42% to ~46%. Focus The Co. will focus on diversifying into new areas like FTTH (Fiber To The Home), Active Maintenance, and Fiber Maintenance. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.Longby TraderRahulPalUpdated 3373
INDUS TOWER | BULL RUN | Swing TradeStock on consolidation phase from May till june mid Breakout - lag - Breakout -> july Stock is still on bull runLongby Bigfoot_Academy0
Indus tower near a strong demand zoneIndus tower is in continuous downtrend and now, it is on a strong weekly demand zone. A small pull back, at least can be expected from this level. Even for a continuation of bear trend, a lower high has to be made. However, entry can be confirmed only when there is a small breakdown from the level and subsequent strong buying is done, i.e. a bear trap.Longby chartistameyUpdated 6
IndusTower looking good to BOOM💥; 40% swingAdd this to watchlist and wait for entry.👁️🗨️ 2024-2025 For short term investment ; Leave a " Like If you agree ".👍 . Wait for small retracement & daily candle to close above - "340". Avoid Trade untill PROPER ENTRY level. . Entry: 340 target: 400- 420- 478 sl: 315 major stoploss/ support: 290 . . Enter only if market Retrace and Breaks "Yellow box" mentioned. . . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency "💹 Refer our old ideas for accuracy rate🧑💻 Follow for daily updates👍 . Refer our old ideas attached below for BacktestingLongby TheNuraTradingUpdated 22
IndusTowerThe script is showing Trend Reversal supported by Bunch of Volumes and Bunch of Candles Buy above 175 , can go till 200 Longby brijmohan_hUpdated 5
Rounding Bottom The chart is showing Rounding bottom on MTF with RSI and volume support during the previous break. The chart is self explanatory Longby brijmohan_hUpdated 4
Indus Tower Good Bullish Candle on daily basis Trading above crucial resistance of 351 Spent good time within range of 332 - 351 which give strong foundation (332 was long term resistance) Strong Bullish Indicator : RSI > 60 (Daily basis) RSI > 70 (Weekly/Monthly basis) Sequential Target: 400/425/480 Stop Loss: 351 332 (For more bold friends) Longby Momentum_stalkerUpdated 7
Indus Tower Slow and Steady rising up (Study Purpose)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.Longby nitinKguptaUpdated 3