Recommends buying Indus Towers futures in the ₹385-388 range with targets of ₹400 and ₹410, setting a stop loss below ₹375. The stock has formed a short-term base, showing resilience despite rising open interest, and a recent breakout suggests further short covering. The risk-to-reward is positive on the long side as it trades near the lower end of its 380-400 options range.

Jay Thakkar’s track record (trackable calls only): 18 graded calls · 95% CI 3–33%

Indus TowersBullishCalled 26 Aug 2026Graded 19 Sep 2026
Verdict:MISS

R3 TRADE_SETUP: entered ₹379.95 on 2026-08-27 (stated entry ₹385 satisfied); stop ₹375 breached at close ₹375 on 2026-09-01.

Tracking Indus Towers since this call

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