Stock of the day : Indus Towers Ltd For Target Rs.266 - Religare Broking
Indus Towers Ltd
* INDUSTOWER has been in steady uptrend after registering a decisive breakout from Cup and Handle price pattern.
* The stock has formed a fresh buying pivot holding above its short term moving average.
* Following price action and volumes activity, price is set to surpass its previous swing high.
* We thus recommend creating fresh longs in the mentioned range.
Buy Indus Towers Ltd CMP 251.65 Range 250-252 SL 244; Target 266
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SEBI Registration number is INZ000174330