Umang Bhutada12th Dec · SEBI-Registered AnalystInvest with Umang · 12th DecFollowIndus Towers ( INDUSTOWER ) Techno-Funda Summary Technical Structure: Price steadily trending up after a deep correction. Holding above ₹396 support, slowly marching toward ₹430–461 resistance. Indicators: EMA – Bullish RSI – Bullish PSAR – Bullish MACD – Bearish → Bias remains positive with slight caution. Key Levels: Support: ₹396 / ₹375 Resistance: ₹430 / ₹461 Breakout confirmation above ₹430.50. Price Behaviour: Strong higher high, higher low structure. Buyers active near ₹396–400 zone. Fundamental Snapshot: Steady cash flows returning as telecom sector improves. Collection efficiency improving; fiberisation & demand for tower infra remain long-term bullish. Verdict: ➡️ Positive. A breakout above ₹430.50 can trigger a rally to ₹461+.#TechnicalViews#FundamentalViews408 likes·59 comments