Powered by: Motilal Oswal
2025-04-09 10:51:42 am | Source: Religare Broking Ltd
Stock of the day : Buy Indus Towers Ltd For Target Rs. 399 - Religare Broking Ltd
Stock of the day : Buy Indus Towers Ltd  For Target Rs. 399 - Religare Broking Ltd

Indus Tower Ltd

Buy Indus Tower Ltd CMP 370.65 Range 369-371 SL 355 Target 399

* Indus Tower has established a firm base after consolidating within the 315-370 range around the neckline of its multi-year double bottom formation.

* The stock has registered a fresh breakout from this base with noticeable surge in volumes.

* The price action, supported by rising volumes, signals resumption of uptrend.

* We recommend initiating fresh long positions at the specified levels.

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ000174330

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here