Technical Stock Pick: 30% rally in 3 months! Indus Tower breaks out from falling trendline resistance; time to buy?

Indus Towers Ltd, part of the telecom industry, rallied more than 30% to break out from a falling trendline resistance on the weekly charts and the momentum could take the stock to a fresh 52-week high. Short-term traders can look to buy the stock on dips for a possible target of Rs 285 in the … Read more

Indus Tower: Stock Radar: Should you buy? Indus Tower reclaims 200-Days EMA on weekly charts, says Shitij Gandhi – The Economic Times Video

“From the last almost one year Indus Tower stock has been consolidating in a broader range of 135-210 and sustaining below its 200-Days exponential moving average on weekly charts. Traders can buy for a target of Rs 280,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said. FOLLOW US ON GOOGLE NEWS Read original article … Read more