InoxWind- Power of Wind for 350+ in coming years.

Apr 22, 2017

Indeed Investment Stock for target zone 325-350 as Minor wave 2 retraced deep almost 90% of Minor wave -1- So, we shall be looking for target zone 325-350 + in coming months & years. At 345 it measure 261.8% of minor wave-1 distance & projected from minor wave-2.

But it is too early to come up with such high projections at this stage & we will review the stock as time moves ahead.

From Sep2016 lows od 163- it had an impulsive move to highs of 231 where minor wave-1 gt completed & later retraced close to 90% finishing minor wave -2 at lows of 165.50.

Looks like The move which started is nested waves within waves & we won't hurry up but surely looking strong on upside.


Short Term Chart-4H(4 Hours Chart)


Trading Strategy

Short Term
Above 209 -recent high we look this move till 225-227 zone & later we come back again for review.

Long Term
Indeed Investment stock for 350+ in coming months & years.

May 16, 2017

Order cancelled

14:39 Hrs 16th May2017

Last Price@163.90

My God 209 did not cross upside - It was bad move downside.