INDUSTOWER

rs' daily chart reflects a strong bullish breakout above the 100-day and 200-day EMAs, backed by increasing volume and a consistent pattern of higher lows since mid-2023. The prolonged consolidation between ₹317 and ₹365 has established a solid base, and the recent breakout from this range indicates renewed upward momentum. With immediate resistance now around ₹425, a pullback to the ₹364–₹375 zone could offer a favorable buying opportunity, as long as the price remains above the key EMAs. The overall structure also suggests a rounding bottom breakout, pointing to potential upside in the near term.