INDUS TOWER | TECHNO-FUNDA ANALYSIS
Indus Towers Ltd – 1W
INDUSTOWER
Trend: Bullish reversal from base; approaching key resistance.
Support: ₹375 | Major Support: ₹313
Resistance: ₹409 (current zone) | ₹461 (major breakout)
Technical View:
Stock rebounding strongly after long consolidation. Sustaining above ₹410 could trigger the next leg towards ₹460–₹480. Volume rising, momentum strengthening.
Fundamentals (Short):
India’s largest telecom tower company; steady cash flow, improving tenancy ratios, and reduced debt levels post-Vi payment normalization. Margins expanding gradually.
Verdict: 🟢 Buy on breakout above ₹410; targets ₹460–₹480; SL ₹375.
#TechnicalViews#FundamentalViews

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