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 recommendation
Next report date
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Report period
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EPS estimate
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Revenue estimate
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28.05 INR
60.36 B INR
286.01 B INR
1.24 B
About INDUS TOWERS LTD
Sector
Industry
CEO
Prachur Sah
Website
Headquarters
Gurugram
Founded
2006
ISIN
INE121J01017
FIGI
BBG003CZKCD9
Indus Towers Ltd. engages in the provision of telecom tower infrastructure for telecommunication services. It operates through the Infratel and Proportionate Share of JV. The company was founded on November 30, 2006 and is headquartered in Gurugram, India.
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.
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….
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.
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
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
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
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 stea
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 - 2
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 ma
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of INDUSTOWER is 330.65 INR — it has increased by 1.55% in the past 24 hours. Watch INDUS TOWERS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange INDUS TOWERS LTD stocks are traded under the ticker INDUSTOWER.
INDUSTOWER stock has risen by 0.66% compared to the previous week, the month change is a −14.47% fall, over the last year INDUS TOWERS LTD has showed a 75.60% increase.
We've gathered analysts' opinions on INDUS TOWERS LTD future price: according to them, INDUSTOWER price has a max estimate of 575.00 INR and a min estimate of 280.00 INR. Watch INDUSTOWER chart and read a more detailed INDUS TOWERS LTD stock forecast: see what analysts think of INDUS TOWERS LTD and suggest that you do with its stocks.
INDUSTOWER reached its all-time high on Aug 5, 2015 with the price of 499.65 INR, and its all-time low was 120.05 INR and was reached on Mar 19, 2020. View more price dynamics on INDUSTOWER chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
INDUSTOWER stock is 4.25% volatile and has beta coefficient of 1.13. Track INDUS TOWERS LTD stock price on the chart and check out the list of the most volatile stocks — is INDUS TOWERS LTD there?
Today INDUS TOWERS LTD has the market capitalization of 866.15 B, it has decreased by −6.21% over the last week.
Yes, you can track INDUS TOWERS LTD financials in yearly and quarterly reports right on TradingView.
INDUS TOWERS LTD is going to release the next earnings report on Jan 23, 2025. Keep track of upcoming events with our Earnings Calendar.
INDUSTOWER earnings for the last quarter are 8.30 INR per share, whereas the estimation was 6.55 INR resulting in a 26.66% surprise. The estimated earnings for the next quarter are 6.86 INR per share. See more details about INDUS TOWERS LTD earnings.
INDUS TOWERS LTD revenue for the last quarter amounts to 74.65 B INR, despite the estimated figure of 75.80 B INR. In the next quarter, revenue is expected to reach 77.66 B INR.
INDUSTOWER net income for the last quarter is 22.23 B INR, while the quarter before that showed 19.26 B INR of net income which accounts for 15.45% change. Track more INDUS TOWERS LTD financial stats to get the full picture.
INDUS TOWERS LTD dividend yield was 0.00% in 2023, and payout ratio reached 0.00%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 21, 2024, the company has 11.46 K employees. See our rating of the largest employees — is INDUS TOWERS LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. INDUS TOWERS LTD EBITDA is 171.77 B INR, and current EBITDA margin is 51.38%. See more stats in INDUS TOWERS LTD financial statements.
Like other stocks, INDUSTOWER shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade INDUS TOWERS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So INDUS TOWERS LTD technincal analysis shows the sell today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating INDUS TOWERS LTD stock shows the buy signal. See more of INDUS TOWERS LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.