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Technicals for Indus Towers Limited
By MusingTheNews
2025-05-30 20:41
Overall Technical outlook
Price Summary
Indus Towers Limited's stock began trading at 391.25 on 2025-05-30, soared to 394.5, dipped to 381.35, and finished the day -1.81% lower at 384.15, with 23501188 shares exchanged. The stock's highest price over the 52-week span is 458.5, while the lowest price is 307.95. 22 analysts predict that the future price of INDUSTOWER will be in the range of 308.0 to 595.0, with a mean expected price of about 428.77274.
Technicals
Support and Resistance: At 384.15, the price is held up by support at 375.6 and faces resistance at 402.6 for INDUSTOWER. This suggests a trading range where 375.6 provides a base and 402.6 limits upward movement. Support/Resistance for INDUSTOWER
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Indus Towers Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for INDUSTOWER. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Indus Towers Limited
Parabolic SAR: The PSAR maintains a bearish stance, establishing a resistance level that could act as a barrier to any upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, keeping prices in check. Parabolic Stop and Reverse chart for Indus Towers Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for Indus Towers Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Indus Towers Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Indus Towers Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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