Analyst Power Picks: Indus Towers & Policybazaar Set for Breakout Runs!

Senior analyst Osho Krishan highlights Indus Towers (last ₹415) trading above key EMAs with volume-backed sloping channel breakout and RSI positive crossover, signaling sustained uptrend. Policybazaar (last ₹1,892) rebounds from trendline support, breaking daily sloping resistance with MACD bullish crossover for near-term gains.​

Indus benefits from telecom infra demand; Policybazaar rides insurance digitalization. Both exhibit strong technicals post-RBI rate cuts boosting rate-sensitive sectors. Risk-reward favors longs with defined stops below recent supports.​

Key Highlights

Indus Towers: Buy ₹410 | SL ₹390 | Targets ₹445-450 ​

Policybazaar: Buy ₹1,880 | SL ₹1,760 | Targets ₹2,100-2,130 ​

Indus signals: EMA hold, channel breakout, RSI crossover​

Policybazaar signals: Trendline rebound, MACD bullish, EMA strength​

Outlook: Bullish near-term; monitor volume confirmation​

Sources: Business Standard​