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Technicals for Indus Towers Limited
By MusingTheNews
2025-06-13 20:40
Overall Technical outlook
Price Summary
On 2025-06-13, Indus Towers Limited's stock opened at 374.25, reached a high of 381.45, dropped to a low of 374.25, and closed up 1.63% at 380.35, with a trading volume of 2639090 shares. The peak price for the stock in the past 52 weeks is 458.5, with the lowest price being 317.75. Based on recommendations from 22 analysts, the future price of INDUSTOWER is expected to range from 308.0 to 595.0, with an average price expectation around 428.77274.
Technicals
Support and Resistance: The price for INDUSTOWER is 380.35, with support at 375.6 and resistance at 402.6. This suggests a range where 375.6 acts as a base, preventing declines, and 402.6 caps gains, defining key trading levels. Support/Resistance for INDUSTOWER
Aroon: The AROON indicator is showing a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, indicating sustained bearish momentum in the market. The persistence of the Aroon Oscillator at a low level reinforces the expectation of ongoing declines. Aroon chart for Indus Towers Limited
Bol. Bands: The price has crossed above the lower Bollinger Band in the latest move, after previously being positioned below it. This shift suggests that the market may be bouncing back from oversold conditions, potentially signaling a weakening of the bearish trend. The crossover could indicate the beginning of a recovery or a change in momentum, with the market possibly entering a more bullish phase. Bolinger Bands chart for Indus Towers Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Indus Towers Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for Indus Towers Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Tripple SMA chart for Indus Towers Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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