Indus Tower Ltd.

*Indus Towers Ltd*

*W* Formation on Yearly Basis.
P&F on Monthly Basis.

Price BreakOut Needed & to be Sustained.
Multiple Resistance Marked.
Strong Vol Consolidation in past few months. Continued Traction required. To be Watched.

RSI: 1H <D<W=M. However, all in Bullish Zone but Hourly TF.
EMAs: Widening Gaps amongst 20/ 50/ 100/ 200 on Weekly TF.

Telecom Sector Picking Up. Rollout of 5G gaining pace.
Vodafone dues payoff will be a huge trigger for re-rating.

*Trail SL with Upside*
*Book Profit as per Risk Appetite*

*Do Your Own Research as well. This is an Opinion*
*_Happy Investing_* 🤓