Indus Towers showing strength at key levels!Eyes on a potential.This is the 4 hour chart of INDUSTOWER.
INDUSTOWER having a good Support level near at 370-375.
if this level is sustain , then we may see higher prices in INDUSTOWER.
Thank You !!
INDUSTOWER
airtelThe chart you've shared is for **Indus Towers Ltd. (NSE)** on a daily time frame (1D). Let's break it down step by step:
### 1. **Price Action** 📉
The current price is **₹366.75**, down by **-8.60 (2.29%)** for the day, showing a bearish trend.
The price opened at **₹375.00**, reached a high of **₹378.40**, and a low of **₹364.35**.
### 2. Pattern🏔️
This pattern often signals that a downward trend may continue unless there’s strong support.
3. **Support Levels** 🔧
The green line labeled "can take support" is marked around "₹363.70, suggesting this could act as the "first support level.
A more critical support is marked at **₹355**, which is labeled as "major support"**. If the price drops further and breaks through ₹355, it may indicate a further fall in price.
4. **Volume Analysis** 🔍
The volume for the current day is **5.047M**, which seems relatively high. This increase in volume during a price drop could indicate strong selling pressure, confirming the bearish sentiment.
5. **Outlook** 🔮
If the price bounces off the₹355 support, there might be some consolidation or a small reversal. However, breaking below ₹355 could signal a continued downtrend.
**In summary**:
**Bearish signal** with the Head and Shoulders pattern 📉.
Watch the support levels: **₹363** and **₹355 (major)**.
A breakdown below **₹355** could lead to further declines.
no recommendation for the buy and sell
INDUSTOWER Breakout: Time to JoinINDUSTOWER has shown a strong uptrend since January 2024, recently consolidated, and has now broken out again. This renewed momentum suggests it's an opportune time to join the trend.
INDUS TOWERSINDUS TOWERS has breakout and retest major resistance level then some of consolidation level also breakout TGT up to ATH and this is only for educational purpose
Indus Tower | Super Stock SeriesIndus tower super structure
Looks good for med term to LT.
Good example to study.
This chart is posted to enhance your learning. Do check with your financial advisor before taking any trade.
INDUS TOWER LONG/BUYTrade Setup long in Indus Tower
1. Monthly/weekly/Daily TF Bullish
2. Consolidating near a Big Breakout area
3. Block Deal happened b/w 311-340 and low is tested already in 3rd 5 min Candle
4. 2 Bullish Hammers on 5 Min TF & SL is Slightly Big as it is a positional Trade
5. Marked blue is a strong Breakout Level
6. 325-320 is Strong CIP Level
7. Hence Went Long
8. Buy @335-340 SL-310 target 450-470
Fundamentally this company is strong and also the part of rural developing economy alongside, which will benefit India in coming years definitely
Indus Tower Ltd.*Indus Towers Ltd*
*W* Formation on Yearly Basis.
P&F on Monthly Basis.
Price BreakOut Needed & to be Sustained.
Multiple Resistance Marked.
Strong Vol Consolidation in past few months. Continued Traction required. To be Watched.
RSI: 1H <D<W=M. However, all in Bullish Zone but Hourly TF.
EMAs: Widening Gaps amongst 20/ 50/ 100/ 200 on Weekly TF.
Telecom Sector Picking Up. Rollout of 5G gaining pace.
Vodafone dues payoff will be a huge trigger for re-rating.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*Do Your Own Research as well. This is an Opinion*
*_Happy Investing_* 🤓
Indus Tower Ltd.*Indus Towers Ltd*
*W* Formation on Yearly Basis.
P&F on Monthly Basis.
Price BreakOut Needed & to be Sustained.
Multiple Resistance Marked.
Strong Vol Consolidation in past few months. Continued Traction required. To be Watched.
RSI: 1H <D<W=M. However, all in Bullish Zone but Hourly TF.
EMAs: Widening Gaps amongst 20/ 50/ 100/ 200 on Weekly TF.
Telecom Sector Picking Up. Rollout of 5G gaining pace.
Vodafone dues payoff will be a huge trigger for re-rating.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*Do Your Own Research as well. This is an Opinion*
*_Happy Investing_* 🤓
Weekly and monthly breakeout stock or soon to be break outIndus tower stock trades on indian market is going to ready for break out after six years . It is on rounding bottom pattern . On both weekly and monthly it is ready for break out . On both time frame rsi is also on higher side .
Industower has a breakout out resistanceIndustower has been moving higher after the rumours of telecom policy and finally after the actual policy decision major buying seen with high volumes. We now see a major resistance level breakout today, Buy with targets of 353,432 & 500.
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.82 times
Healthy long term growth as Net Sales has grown by an annual rate of 27.65% and Operating profit at 34.04%
With a growth in Net Sales of 4.7%, the company declared Very Positive results in Jun 21
The company has declared positive results for the last 2 consecutive quartersNET SALES(Q) Highest at Rs 6,797.00 crPBDIT(Q) Highest at Rs 3,516.70 cr.PBT LESS OI(Q) Highest at Rs 1,820.10 cr.4
The technical trend has improved from Sideways on 14-Sep-21 and has generated 16.27% returns since then Multiple factors for the stock are Bullish like MACD, Bollinger Band
With its market cap of Rs 73,693 cr, it is the biggest company in the sector and constitutes 60.83% of the entire sector
Its annual Sales of Rs 19,115.90 are 54.63% of the industry.
Industower low debt exposure to telecom and largecap for comfort
If you like the idea, like & subscribe
Keep An Eye - INDUSTOWER📊 Script: INDUSTOWER
📊 Sector: Telecomm Equipment & Infra Services
📊 Industry: Transmission Line Towers / Equipment
Breakout on Daily Chart
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 MACD and Double Moving Averages are on urge of crossover .
📈 Right now RSI is around 65.
📈 We may see some profit booking into next trading session just because stock was up by 8% into last trading session.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 271
🟢 Target 🎯🏆 - 289
⚠️ Stoploss ☠️🚫 - 263
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
INDUS TOWERS LTDThis stock breakout major trendline and resistance level TGT up to 25%
this is only for educational purpose
£INFIBEAM 17 TGT 26 47% Buy Recommended - Rachit SethiaINFIBEAM 17.75
TARGET 26
SL 13
Return 47%
RR > 2
TF < 6 Months
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
Indus Tower ready to breakoutAfter a long period of consolidation, on the back of good earnings releases, Indus Towers is ready to break out. DMI also indicates bullish strength with increased volume activity
Entry - 232
Stop Loss - 203
Target - 310
INDUSTOWERS should be approaching INR240 soon_TRADE_SETUPThe stock broke out of a 3 week trading range on Thursday's session with satisfactory volume expansion.
Going by the Elliot wave structure, the stock is currently in wave III of(III) of 3(ignore the labeling if you don't follow Elliot wave theory).The current wave is projected to reach close to the INR 240 zone.
INR195-200 has been a resistance for the stock for past 3 and half months.
But with vol. picking up and range break-out just at the resistance the stock seems to be well-equipped for a strong breakout above INR 200 this time around.
On the downside INR 185 will be proving to be a crucial support for the stock.
CMP 193.8
Target 1- 213
Target 2- 240
SL - 185
Indus Tower small study (language Hindi)We've seen a small history background of Indus Tower We talk about the lowest level funding and other levels for trading We have shared a level of 184 for short term setup And as a resistance we have set 194 and 208 as a crucial level for a good move.
Double Bottom Pattern Reversal in INDUSTOWERINDUST TOWER LTD
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Double Bottom Pattern.
📊 It can give movement upto the Reversal target of Above 195+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 212+.
📊 Can Go Short in this stock by placing stop loss below 168- or last swing Low.
Indus Tower Buy ZoneHi Every one Indus Tower is in the investment zone
you can make 350% return in 3.5 year every year 100% return you can generate Indus tower
to know more comment
#Bullish Momentum View.#INDUSTOWER Persisting near support zone and at downward trendline @138--140. If price holds this level & sustained above this level than We can see a good buying opportunity to buy near support level.
INDUS TOWERINDUS TOWER day chart where supports and resistance are drawn on the chart. Previous support now can act as a resistance for now
INDUS TOWERIndus tower breakdown it's strong support zone 182 and now it is trading below this level so now 182 level react as resistance zone I will short this stock when price comes to near resistance zone with small stop loses.
indus towerweak counter
likely to show a breakdown below 180
the counter is facing resistance on every upmove
it can witness a decent downmove
#shortsell candidate
INDUSTOWER: Near Support INDUSTOWER trading near support line with triangle pattern. Good to keep watch for Bullish candle near support. R:R ratio is seems good here
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L" with small SL.
