INDUSTOWER - Short-term uptrendINDUSTOWER - Short-term uptrend
1. It breaches the primary trend downwards, but now it breaks the brearish pattern upwards and forms the inverted head and shoulder pattern.
2. Short-term rally already started, the target is 260.
3. Fundamentally good stock to hold for the long term, but now it's on the downtrend so avoid it for the long term.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
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INDUSTOWER trade ideas
INDUSTOWER DARVAS BOXINDUSTOWER showing volume contracation pattern, seems like accumlation going on.
stock trading in range since more than 5 months, wait for this DARVAS box to be broken on closing basis.
If it breaks up side with green strong candle, can initial long trade with box low as SL(175 CLB).
Targets : 240,260,280,300+
I am not a SEBI registered analyst, consult your finanacial advisor, view for education purpose only.
-Saptarish trading.
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INDUSTOWERNSE:INDUSTOWER
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All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
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INDUSTOWERNSE:INDUSTOWER
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
INDUSTOWERNSE:INDUSTOWER
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
INDUSTOWERNSE:INDUSTOWER
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
Indus Towers Consolidating Near Monthly Resistance ZoneHello Traders. My View for NSE:INDUSTOWER is Bullish. The price is trading in a range and has been forming Bullish Flag Pattern near Monthly Resistance Zone. Once the flag pattern breakout is given then one can buy the stock above the resistance for short and mid term trade. Targets are given in the chart.
Before you invest please consult with your financial advisor. I am not SEBI Registered Advisor and I am sharing the idea for educational purpose.
INDUSTOWER LONGFor Intraday Trade above 273.9 | SL-271.4 (see 15 min candle)
Tgt1-275.45
Tgt2-278
Tgt3-279.2
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For Swing Trade Long above 274 | SL-268 (For 2-3 months)
Tgt1-275.45
Tgt2-279.2
Tgt3-289.3
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Do Your Own Research on Company fundamentals to get a good idea and its future potential.
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