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Technicals for Indus Towers Limited
By MusingTheNews
2026-02-03 20:41
Overall Technical outlook
Price Summary
Indus Towers Limited's stock started trading at 424.3 on 2026-02-02, climbed to 433.45, fell to 419.45, and closed 1.77% up at 431.8, with 9268834 shares traded. The highest price the stock achieved in the past 52 weeks is 444.3, while the lowest price it saw is 323.35. Based on recommendations from 23 analysts, the future price of INDUSTOWER is expected to range from 300.0 to 565.0, with an average price expectation around 442.78262.
Technicals
Support and Resistance: At 431.8, the price is supported at 427.9 and faces resistance at 442.05. This range suggests that the price for INDUSTOWER might stay between these levels, with 427.9 acting as a floor and 442.05 as a ceiling. Support/Resistance for INDUSTOWER
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Indus Towers Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Indus Towers Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for Indus Towers Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Indus Towers Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for INDUSTOWER, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. Tripple SMA chart for Indus Towers Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
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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