Indus Towers Ltd – Tech & Fund View

Indus Towers Ltd – Tech & Fund View (SEBI Reg. INH000019886 | For Educational Purpose Only) 🔹Technical View: Stock forming a Rising Wedge pattern on the daily chart. Currently trading near resistance zone (~₹380–₹385). Break above ₹390 may trigger short-term momentum; however, a rejection could invite profit booking. RSI ~68 — approaching overbought region. 🎯 Targets: ₹390 / ₹410 (if breakout sustains) 💰 Entry Zone: ₹365–₹375 (only above ₹390 for confirmation) 🛑 Stoploss: ₹350 ⏳ View: 2–3 weeks (Positional) 🔹Fundamental View: India’s leading telecom infrastructure provider with pan-India tower network. Steady cash flows from major tenants (Airtel, Vodafone Idea). Debt under control; improving tenancy ratio supports earnings. Consistent dividend history with stable margins. 💡Watch ₹390 level — breakout or rejection will decide next trend. ⚠️For educational purpose only | AALGO BREATHS | SEBI Registered