SELLING IN INDUS TOWERIndus Tower is forming SMC BOS and CHoch after liquidity we can expect selling pressure.
If the price break the upper level than this formation is not considerable.
INDUSTOWER trade ideas
Indus tower Ltd, Upward channel formationDownward channel ended over where I have shown buying zone.the stock price will travel in upward channel , the every dip will be a buying oprtunity, Investment plan explained over chart, it's for educational purpose ...
INDUS TOWER LONGIndus Tower is one of the flagship company for providing telecom network to licensed telecom operators Indus Tower is JV between Bharti Airtel Group and Vodafone Idea Group. Company has delivered
1. Company has made compounded sales growth of 35% in last five years.
2. Company has made compounded profit growth of 21% in last five years.
3. Company has generated return on equity of 22% in last five years.
4. Company is having positive cash flow from operating activities since last five years. Hence, company is cash cow for his investors.
5. Currently, share is traded around INR 200 which is the median point with PE Ratio of 11.48 which is quite affordable.
Current share price of INR 200 is exact at median on linear regression line on weekly time frame. Any one can buy with longer period of horizon. 52Week low is at INR 182. One can see share price up to 250 in near future.
Industower "Breakout PickIndustower "Breakout Pick"
Indus tower has been spotted "W" Pattern structure on Daily time frame
"W" Pattern - Double Top and Double Bottom with an Average price action move - Selling Climax Zone
The double bottom pattern always occurs after a major or minor downtrend in a specific security and signals a reversal and the start of a potential uptrend.
Trade Ideas
Currently, Industower is in the range of Rs 203.30. If the pattern continues, the price of Industower might reach the resistance levels of Rs 235, If the trend reverses, then the price of Industower may fall to Rs 180
Accumulation Range 196-08 for Target 235
Happy Trading
INDUS TOWER BREAKOUTIndus Tower looking good on weekly chart gives a breakout on falling resistance trendline and gives a breakout on RSI indicator resistance too so we can see bullishness in coming sessions with good targets.
CAUSE OF LONG-:
1- FALLING TRENDLINE BREAKOUT.
2- RSI INDICATOR BREAKOUT.
#Industower cash : Looks good above 200.10#IndusTower cash -Positional call
17 Nov 2022
Looks good above 200.10
Stoploss 192
Target 208-210/218
Cmp 196.55
Why am I bearish on IndusTowerHey, check out the trade setup for Industower
All 3 parameters are matched for a short trade.
Trade setup in Futures
Short : 193.10
Stoploss : 201
Target : 170 and 163
Options Trade
Bear Spread
Buy 29Sep2022 195PE
Sell 29Sep2022 190PE
Max. Profit: ₹ +7,280
Max. Loss: ₹ -6,720
INDUSTOWERS STOCK CE-BUYRSI support in 40 1day candles chart pattern and weekly candles chart pattern
Focus on Indus TowerIndus tower formed a double bottom and if traded above the neck line, we can go long for the targets given
Keep this stock in your radar
Tringle breakout INDUSTOWERTriangle break out and retracement completed in INDUSTOWER. Good buy above 223 with SL 220.
INDUSTOWER trend line breakoutGood buy above previous day high 223.3 with SL 221, as trend line break out and retest completed.
INDUSTOWER | Simple trendline breakout with good room to rallyINDUSTOWER | Simple trendline breakout with good room to rally
CMP : 228 (Dip : 220)
SL : 200
Target : 270++
1:3 risk reward from dip
Indus Tower long above 225Indus Tower about to give BO , may see 250 in short term (Volume pop out seen)
Volatility contraction seen
Buy above 225 only
** Educational purpose only**
LOOKING COOL WITH HOT VOLUMES , INDUS TOWERS LTDIndus towers looking good in bear market too i am looking for a confirm breakout market is not allowing but i will do in some quantity for sure volumes also increased
INDUSTOWER- LONG !NSE:INDUSTOWER
One Can Go long , with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close is good, and Clean.
R:R ratio is 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose.
INDUSTOWER | Good RRR opportunity in Swing Trade !Good earning opportunity in Swing Trade.
CMP: 208 ( Good between 206 - 212 )
SL: 195
Target: 235 | 269 | 323
( Targets calculated on the basis of Fib. and previous swings )
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views and have fun!!! Don’t take me seriously…..
Happy trading !!!
Tomorrow rock stars Both stocks have proven to go upside
I love this type of setup when sellers try to push the market to downside but fail to do so
after that buyers defend the zone and after breaking the previous days high, we can use Inside candles or any method to get in trade lets beat the market together
Industower - Bearish controlIndustower - Strong Bearish control
In a downtrend formation, only when it crosses 215 we can think of the bull control...
Educational Purpose...
