INOX LEISURE LTD-- INTRADAY SETUP --01/04/2022

INOX LEISURE LTD INTRADAY SETUP 15 MIN CHART as on 01/04/2022

1. stock seen trendline breakout on 15 min chart

2. MA, EMA bullish crossover seen at breakout level

3. RSI Seen bullish above 70 as stock uptrend 60-80 LEVEL is sustained trend

4. MACD above center and signal line

5 price oscillator above o line bullish


BUY INOX LEISURE LTD @ 529.80 ( intraday )

TARGET 535-540-545

stop loss 510

** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk. !

HAPPY TRADING !

Comment:

intraday support 522 -528
intraday resistance 535 - 542

Comment:

if stock open gap down as nifty indicates in morning i will look for buy at support level 522 otherwise if stock open normal then buy at cmp .! 9.00 am
01/04/2022

Comment:

bought at support @ 522 9.20 am

Comment:

bellow 515 will be bearish and above 528 will be bullish as per intraday chart .. !

Comment:

close trade if bellow 515 1

Comment:

INOX No perform as per expectation ..PVR, inox seen Profit booking today so stock seen selling pressure. .!