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Manish Kushwaha

2nd May 2025 · SEBI-Registered Analyst

$INDUSTOWER

$INDUSTOWER EOD📉CHART ANALYSIS The current price is 381.35, positioned at the 38.2% retracement level, which is a common support zone during a retracement move. The stock is showing a bullish rally from lower levels, followed by a short-term pullback. Additionally, there is a rising trendline acting as support, If this trendline is broken, the price may decline toward the 50% or 61.8% retracement levels. 362(50% Fibonacci Level) Ideal level for long entry is if the stock reaches here with reversal confirmation In terms of volume, there has been a slight increase in bearish (red) volume during the pullback, indicating some selling pressure RSI for 14 days is approximately 51.39, which is neutral and signifies that the stock is neither overbought nor oversold.

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