Indus Tower (Near ALL TIME HIGH)
Date - 5th April 2024
Time - 11:15 Am
As We can see, Indus Tower one of good movers in recent time and gave breakout on weekly and Monthly TF.
Little late to post this idea but still Indus Tower is showing good movement on daily basis even when nifty is moderate.
Actual good entry was at 250 Rs. when its retest blue line shown in chart but still, I am posting this idea because volume level is very high on downside from current price and due to lesser volume on upside Indus Tower is more likely to touch and break ATH Price level too.
Thank You!
Time - 11:15 Am
As We can see, Indus Tower one of good movers in recent time and gave breakout on weekly and Monthly TF.
Little late to post this idea but still Indus Tower is showing good movement on daily basis even when nifty is moderate.
Actual good entry was at 250 Rs. when its retest blue line shown in chart but still, I am posting this idea because volume level is very high on downside from current price and due to lesser volume on upside Indus Tower is more likely to touch and break ATH Price level too.
Thank You!
Nota
After Today Gap Down its Bounce back and back to real price, its shows buyers the strength is still there.Nota
I was very confident about Indus Tower when it was 250 Rs, only reason was it had stronger volume below those times current price (250Rs) and vice versa lesser volume above 250 price range. As we Can see in Chart .
Nota
Makes the New High Nearest Strong Support will be 333 Rs for Long Term.
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Indus is near support as we discuss early 333 Rs.Nota
Retested, You can Avg at this price.New !!!!
Trailed SL 333 Rs. Daily Closing Basis
Nota
Averaging your price if sustain above 333 Rs,First let it close above 333 Rs.
Nota
15mins TF Flag Breakout + 100EMA Support Soon 360+ Rs.
Nota
Small Target 360 Archived!!!!!Nota
Block Deal is Completed its 9:30 AM
Buy on Dips
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News effect Today Likely to break 370 Rs Prev High Soon.
Nota
Cross 400 Mark next 420 Rs.
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Seems Like 376 low is Bottom Now According to Larger TF Indus Tower will Bounce back
Nota
MID CAP WAS IN PRESSURE TODAY BUT STILL MANAGE STRONG UPSIDE MOVE.Nota
Profit Booking is happening,Sustain above 400 Rs is good levels for bulls
Nota
26th July Gap Up can fill.Correction Till 426 Rs is Expecting
Q Results on 30th July***
Nota
Going Towards small TF target 454 Rs.It's a Pole height of previously break Flag & Pole Chart pattern
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Price is at 426 Rs as i said in previous comment👆Now let see How it react from 428 to 426 Rs Range 🤞
Nota
Regain 450 Rs mark after consolidation for few a month 🙌👍 Dagangan aktif
Correction Wave ABC with 3-3-5 Structure is finished, Visible in Smaller TFs ❗📉✅
Also, Price ~360 is at previous High as we can see in chart 1W ⚡
Target for upside after ABC Structure is 412 Rs. 🎯
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.