INDUS TOWERS LTD
Long
Mis à jour

Indus tower near a strong demand zone

743
Indus tower is in continuous downtrend and now, it is on a strong weekly demand zone.
A small pull back, at least can be expected from this level. Even for a continuation of bear trend, a lower high has to be made.
However, entry can be confirmed only when there is a small breakdown from the level and subsequent strong buying is done, i.e. a bear trap.
Note
148 from 136 already.
Transaction en cours
160 from 136!
Just the type of move which happens from a strong support after consolidation.
Trail SL to cost if entered. Stock should move upto 176 before facing a strong rejection,
Note
172.95!
The stock is forming higher low, higher high now.
Note
Stock moving towards ATH. Already 2.5x returns done!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.