OptionBreakout

Weekly positional view of INDUSTOWER(BHARTI INFRATEL)

Long
NSE:INDUSTOWER   INDUS TOWERS LTD
The weekly chart structure of INDUSTOWER is looking great backed by heavy volume based buying for a upside potential of 15-20% plus in the days to come as long as it sustains above 260 on weekly closing basis. The first hurdle, it has to face at the zone around 285-300. Above 300 it will intensify its momentum gradually to the target range given on the chart.

Disclaimer: The idea shared is for educational purpose only, not a trading recommendation.

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