Reached the level As i said this can good for long . The levels as been reached where i said . Now can exit at rhis lvls .
INDUSTOWER trade ideas
#INDUSTOWER attempting 52weekly ema breakoutIndus tower has been facing a stiff resistance in the 200-210 zone and is trying to breakout from those levels after a long consolidation. Also looking good on fib trend extension. Idea has rallied strongly recently and this provides another tailwind to the stock. Volumes are good.
indus tower - buyBuy < 193 upto 190
sl close below 184
easy tg - 202
tg2 - 215
Not suggested
Disclaimer : This is my personal analysis for study purpose not intended for trading.
INDUSTOWER- Just above 300 ema apna, testing- Balaji (SUPER No CINDUSTOWER- Just above 300 ema apna, testing- Balaji (SUPER No C
1) People feel trapped
2) Rejected Lower levels
3) Already oversold
4) Green line crossing may bring new rally
industower buyBuy from cmp to 196.45
easy tg - 200
tg2 - yours
Not suggested
Disclaimer : This is my personal analysis for study purpose not intended for trading.
INDUS TOWERS LTD: Inverted H&S PatternINDUS TOWERS LTD: Inverted H&S Pattern
Text book type example of Inverted H&S pattern
Breakouts the Neckline with huge surge in volume
Levels mentioned on chart & given target seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
industowerthe stock has creating beautiful price action facing tuff resistance on 200 level
keep an eye if close a strong candle above resistance zone it good swing trade
INDUSTOWER LOOKING POSITIVEINDUSTOWER is looking positive for upward move. Expecting to touch R2 level of 205 very soon.
#Industower cash : Looks good above 200.10#Industower cash
07.12.2023
Looks good above 200.10
Stoploss 180
Tgt 224/248/280
CMp 194
Can indus hit 150Indus tower looks for a dip around 150 levels before it starts actual up move.
Keep accumulating all the dips
INDUS TOWER: Market Structure ShiftIn the daily chart of INDUSTOWER, after retracing off a demand zone below 150 in early 2023, we saw a new higher high formation in Oct 2023 which confirms an end to the previous downtrend.
The Volume profile also calls out 165 as a crucial support level and also notice the latest up move has shown massive amount of interest of buyers so levels to watch out:
A possible entry could be at a retracement till 175, keeping strict SL near 160 (below latest HL) and targets will be follow up supply zones near 200 and 220.
This idea is based on the concept of market structure purely, any suggestions welcomed.
Not Financial Advice.
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Broadning Pattern
📌 Symbol/Asset: INDUSTOWER
🔍 Description: Stock is around the support. We can see good bounce from here.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
industower is good for swingindus tower is good for swing trading stock at support level Q2 profit is 49% revenue declined 10% so the price is corrected now at trend line is good to buy ,weight for the price to close above 168-170 rs and then buy.if the price crossed below the trend line it goes down target 195-200rs stop loss 156rs
Indus Towers Double Bottom - DailyLooks Like a good Setup in Daily Charts
Take entry at CMP of 195
Target 1 - 211
Target 2 - 218
Indus tower sell at 195There is a good resistance at 195 in indus tower if day after tomorrow candle will be a red bullish candle then sell from 195 till support.
INDUSTOWER - Bullish Consolidation with VolumesNSE: INDUSTOWER is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
📈 Exciting Bullish Pattern Alert! 🐂
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising channel
📌 Symbol/Asset: INDUSTOWER
🔍 Description: Stock is going up in a rising channel. and there is a small support also. If small support breaks then we will see big support.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
INDUSTOWER: Breakout and RetestThis analysis will delve into the technical aspects of INDUSTOWER's weekly chart, focusing on the recent breakout of a falling trendline, ongoing retest, and the support observed in the Relative Strength Index (RSI). Additionally, a potential trade opportunity will be explored based on these technical signals.
Chart Analysis:
Analyzing the TradingView chart of INDUSTOWER provides insights into the stock's current technical conditions and potential price movements.
Breakout and Retest of Falling Trendline:
The weekly chart reveals that INDUSTOWER achieved a significant breakout from a falling trendline approximately 5 weeks ago. Such a breakout could signal a potential reversal of the previous bearish trend. Subsequently, the stock is currently undergoing a retest of this breakout level. A successful retest could confirm the newfound support and lead to renewed upward momentum.
RSI Support:
The RSI indicator on the weekly chart indicates that there is a weak level of support. This support suggests that the recent price action is finding some backing within the market sentiment. Although weak, this support could indicate that the stock is not oversold and may have room for potential upside.
Trade Opportunity:
Based on the analysis conducted above, a potential trade opportunity may be forming for INDUSTOWER.
Traders could consider entering a long position at the current market price (CMP) of ₹160.5. In order to manage risk, it is advisable to set a stop loss (SL) at ₹149.
The first target for this trade is set at ₹182, which represents a reasonable intermediate target. If the stock's price movement continues to align with the identified breakout and support levels, the second target of ₹206 could offer further potential gains.
Conclusion:
The technical analysis of INDUSTOWER's weekly chart suggests the possibility of a bullish scenario. The breakout of the falling trendline, ongoing retest, and the observed RSI support are all contributing factors. Traders may contemplate initiating a long position at the CMP of ₹160.5, with a SL at ₹149, while aiming for targets of ₹182 and ₹206.
As with any trading decision, it's recommended to exercise caution, perform thorough research, and consider seeking advice from a financial advisor. Additionally, implementing effective risk management strategies is essential to ensure prudent trading decisions.
IndusTower Breakout#IndusTower Breakout can be seen on the daily chart. Looks Bullish
T1 : 240
T2 :300+
#Bullish #Breakout #Upward
INDUSTOWER looks bullish. Stock - INDUSTOWER
Looks good above 183.
Breakout of a horizontal resistance.
