Indus Tower breakout

Wait 5 sec.

Indus Tower breakoutIndus Towers LimitedNSE:INDUSTOWERythakkar23🧭 Market Structure Indus Towers is currently in a short-term downtrend within a broader range, after failing to sustain above the ₹460–480 zone. Price has been forming lower highs, indicating selling pressure at higher levels. However, recent price action shows consolidation followed by a breakout attempt, suggesting possible trend reversal or relief rally. 🚀 Trade Setup 🔹 Bullish Scenario (Preferred) Entry: Above ₹432–435 (confirmation candle close) Targets: ₹445 → ₹460 Stop Loss: ₹415 🔹 Bearish Scenario (If Breakdown) If price falls back below ₹415: Target: ₹405 → ₹400 Weak structure resumes