Stock analysis Indus Towers Limited INDUSTOWER
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Recent prices of INDUSTOWER Indus Towers Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 21 Tue Mar 2023 | 151.85 | 151.25 to 154.20 | -0.3% | 0.73 times |
| 20 Mon Mar 2023 | 152.30 | 148.10 to 153.55 | 1.06% | 0.81 times |
| 17 Fri Mar 2023 | 150.70 | 149.80 to 154.60 | -1.63% | 1.43 times |
| 16 Thu Mar 2023 | 153.20 | 147.10 to 154.70 | 2.54% | 1.15 times |
| 15 Wed Mar 2023 | 149.40 | 147.85 to 153.00 | -1.65% | 1.16 times |
| 14 Tue Mar 2023 | 151.90 | 150.60 to 154.85 | -0.75% | 0.82 times |
| 13 Mon Mar 2023 | 153.05 | 152.35 to 157.50 | -1.45% | 0.73 times |
| 10 Fri Mar 2023 | 155.30 | 154.30 to 157.15 | -0.93% | 0.66 times |
| 09 Thu Mar 2023 | 156.75 | 156.15 to 161.10 | -2.4% | 1.19 times |
| 08 Wed Mar 2023 | 160.60 | 160.05 to 167.10 | -3.43% | 1.08 times |
| 06 Mon Mar 2023 | 166.30 | 164.75 to 168.90 | -0.42% | 0.96 times |
| 03 Fri Mar 2023 | 167.00 | 165.50 to 172.35 | -1.91% | 0.99 times |
Technical analysis forecast for Indus Towers Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Indus Towers Limited INDUSTOWER at this time. Stock is falling and might fall more.
It appears as if Indus Towers Limited INDUSTOWER gave a large move recently.
Stock of Indus Towers Limited (INDUSTOWER) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Indus Towers Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 150 as stoploss in an intra day buy trade for a target of 158.19. However, stock will show a bearish move below 150.