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2026-05-15 09:58:02 am | Source: Religare Broking Ltd
Stock of the day : Indus Towers Ltd by Target Rs. 448 - Religare Broking Ltd
Stock of the day : Indus Towers Ltd by Target Rs. 448 - Religare Broking Ltd

Indus Towers Ltd

Buy Indus Towers Ltd CMP 422.35 Range 420-423 SL 407 Target 448

* INDUSTOWER continues showing strong bullish structure on the weekly timeframe, supported by sustained trading above its key moving averages.

* Following a decisive triangle breakout, the stock has been advancing within a rising channel formation, maintaining a consistent pattern of higher highs and higher lows.

* Momentum indicators remain positively aligned, reflecting strengthening market participation and trend sustainability.

* Investors may consider gradual accumulation near favorable entry zones.

 

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