As per XABCD pattern, Indus Tower may go further down till 140 SL 210 within two weeks
Right now, it is sitting at demand zone-181-184 Do trade on support basis or trendline breakout Donot trade on horizontal breakout ... mostly fake out { why?-- because big players buying from support or bottom so after breakout they dumped hard, sometime not} SL- very small 3-4% Target- 1st-201-204, 2nd- gapp area...
Indus Tower is trading in a support area . If the price moves up and breaks 205, the stock has a possibility of going higher . Or if the stock breaks the 170 level, it has a possibility of reaching the next support level .
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
It makes good pattern and stable now for go long. It shows strong moment above 200 level.
After big move in vodafone idea indus tower can surge big anytime buy buy
INDUS TOWER - Has retested today. Already cleared important levels last week. Expecting some fire works on upside. Strict SL below 199 weekly candle close
Looks good after a good breakout from the trendline. Can look to initiate long trade around <200 with SL at 190. Near accumulation zone on weekly and breaking resistances on the daily TF. Long-term with targets taken as Fibonacci levels that are marked with a blue line.
Indus 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.
Downward 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 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...
Industower "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. ...
Indus tower chart looking good to go long with given stoploss and target Fundamentals also strong Disclaimer - all view are shared only as educational purposes
Indus 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.
> INDUS TOWER > Keep an eye on this stock > It can fill the gap formed > cmp - 196
#IndusTower cash -Positional call 17 Nov 2022 Looks good above 200.10 Stoploss 192 Target 208-210/218 Cmp 196.55
Hey, 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
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