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INDUSTOWERMARKET OUTLOOKSTOCK OUTLOOK

Indus Towers Outlook for the Week (May 06, 2024 – May 10, 2024)

Indus Towers
Indus Towers
Indus Towers closed the previous week on a negative note losing 5.43%.

Technically, Indus Towers share price will see immediate support at 342.00 and immediate resistance would be seen at 361.75.

If Indus Towers share price closes below immediate support of 342.00, then sharp breakdown can be seen. Indus Towers share price will see major support at 333.05 for the week.

380.00380.00360.00360.00340.00340.00320.00320.00300.00300.00280.00280.00260.00260.00240.00240.00220.00220.00Mar 18Mar 18Mar 21Mar 21Mar 27Mar 27Apr 2Apr 2Apr 5Apr 5Apr 10Apr 10Apr 16Apr 16Apr 22Apr 22Apr 25Apr 25Apr 30Apr 30Reversal Level 346.57Buy

On the positive side, immediate resistance will be seen at 361.75. Closing above 361.75, Indus Towers share price will see a sharp breakout. Major resistance for Indus Towers share price will be seen at 372.55 for the week.

Trading range for Indus Towers share price for this week should be between 322.25 on down side and 381.50 on up side.

Indus Towers Previous Week High: 363.6

Indus Towers Previous Week Low: 343.85

Indus Towers Previous Week Range: 19.75 Points

Indus Towers share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 381.50
Resistance 2 372.55
Resistance 1 361.75
Support 1 342.00
Support 2 333.05
Support 3 322.25
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{"buy_point":[{"en_ltd":"2024-03-20","en_sup_p_91":"249.83","en_sup_t_91":"234.59","prev_close":"238.25","en_close":"250.70","new_date":"Mar 20","prev_close_no":238}],"sell_point":[]}

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