Positional or Longterm Opportunity in Indus TowerIndus Towers LimitedNSE:INDUSTOWERNimish_GhagareGo Long @ 407.95 for Targets of 432.7, 457.45 and 482.2 with SL 383.2 Reasons to go Long : 1. On Weekly timeframe If we draw Fibonacci retracement from the recent swing low (A) to the swing high (B) then the stock took support from the 0.618 Fibonacci level. 2. The stock formed a Bullish Engulfing Pattern (marked with a orange color). 3. On Weekly timeframe there is a strong demand zone (marked with a purple color) from which the stock is taking support. 4. Also there is a strong Trendline (marked with green color) which supports the stock.