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

359 7
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.
Order cancelled: 14:39 Hrs 16th May2017

Last Price@163.90

My God 209 did not cross upside - It was bad move downside.
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
I feel company cash flows in Mar.16 are very much negative which wasnt appreciated by investors, henceforth, major dip
@amankavi, Thanks but saved as we did not enter the call -was suppose to do above 209.
Renewable's are the the future!
Entered 202.want to hold for long term as per ur review.thank you for ur analysis.

Appreciate ur efforts
AbhishekHSinghCMT RaghuveerMunipalli
Wow Thanks. Requesting you to start an investment series of such stocks.
@nirav5, Thanks to @Rajarshita_RS - for requesting to have a look on this stock. Sure. If come across- weekends are better time to do some analysis(new ones)- obviously can do but limited stocks. Thanks Nirav.
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