INDUS TOWERS – Techno-Funda Summary

1️⃣ Market Structure After long correction, stock formed a bottom near ₹314. Breakout above ₹375 started a new higher-high higher-low structure. 2️⃣ Price Behaviour Price consolidating tightly around ₹396–404, showing strength after breakout. Sellers visible near ₹420–430, rejecting higher levels. 3️⃣ Key Levels Support: ₹396 Major Support: ₹375 Resistance: ₹420 / ₹430 Fresh Breakout Level: ₹396 4️⃣ Techno-Funda Verdict EMA & RSI → bullish (trend intact). SAR & MACD → bearish, indicating loss of short-term momentum. Fundamentals improving due to 5G rollout, higher tenancy, improving cash flows. 📌 Verdict: NEUTRAL A breakout above ₹420–430 is needed for the next upside rally.