🚀 Trade Idea: INOX
📍 Setup: ATH BREAKOUT WITH FLAG PATTERN FORMATION IN DAILY TIMEFRAME
📈 Entry: Above ₹1578
🛑 SL: ₹1350
🎯 Targets: ₹1900 / ₹2100
🔵 TECHNICAL SETUP
INOXINDIA has broken out of a Flag & Pole pattern coinciding with an All-Time High breakout on the daily chart. The breakout level now acts as support. Both EMAs are sloping upward with price trading above them. Targets are based on Fibonacci extensions of 1.6x and 2.0x from the base of the pole, projecting ~35% upside from current levels.
🔵Fundamentals
INOX India manufactures cryogenic equipment serving LNG, industrial gases, and cryo-scientific segments across 100+ countries. Q3 FY26 revenue came in at ₹436 Cr (+27.4% YoY), EBITDA at ₹102 Cr (+34.2% YoY) and PAT at ₹68 Cr (+32.4% YoY), with exports contributing 62% of quarterly revenue at ₹271 Cr. The current order book stands at ₹1,457 Cr with fresh inflows of ₹392 Cr in Q3 alone. The company has delivered 22% profit CAGR over the last 5 years and revenue is forecast to grow ~15% p.a. over the next 3 years.
⚠Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
📍 Setup: ATH BREAKOUT WITH FLAG PATTERN FORMATION IN DAILY TIMEFRAME
📈 Entry: Above ₹1578
🛑 SL: ₹1350
🎯 Targets: ₹1900 / ₹2100
🔵 TECHNICAL SETUP
INOXINDIA has broken out of a Flag & Pole pattern coinciding with an All-Time High breakout on the daily chart. The breakout level now acts as support. Both EMAs are sloping upward with price trading above them. Targets are based on Fibonacci extensions of 1.6x and 2.0x from the base of the pole, projecting ~35% upside from current levels.
🔵Fundamentals
INOX India manufactures cryogenic equipment serving LNG, industrial gases, and cryo-scientific segments across 100+ countries. Q3 FY26 revenue came in at ₹436 Cr (+27.4% YoY), EBITDA at ₹102 Cr (+34.2% YoY) and PAT at ₹68 Cr (+32.4% YoY), with exports contributing 62% of quarterly revenue at ₹271 Cr. The current order book stands at ₹1,457 Cr with fresh inflows of ₹392 Cr in Q3 alone. The company has delivered 22% profit CAGR over the last 5 years and revenue is forecast to grow ~15% p.a. over the next 3 years.
⚠Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.