Indus – will it still tower?
Although the news about SupremeCourt rejecting plea of Vodafone & Indus Towers on AGR hits the market sentiments, which apparently takes the equation of getting back the dues from Vodafone to Indus further far.
Technically looking -- the chart on weekly timeframe shows its a clear retest of Triangle Pattern breakout.
The fundamentals of the Company are still intact.
Airtel will be parent.
New circumstances and New avenues.
Among all these ~20% price correction seems Good Opportunity.
Is it Fresh Entry Point for someone looking the chart NOW!
It has psychological barrier ₹500 to TAKE ON. What things would support it going forward?
Will be interesting to see...
Technically looking -- the chart on weekly timeframe shows its a clear retest of Triangle Pattern breakout.
The fundamentals of the Company are still intact.
Airtel will be parent.
New circumstances and New avenues.
Among all these ~20% price correction seems Good Opportunity.
Is it Fresh Entry Point for someone looking the chart NOW!
It has psychological barrier ₹500 to TAKE ON. What things would support it going forward?
Will be interesting to see...
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