INOXWIND - Looks Good!

Updated
Company: INOX WIND LTD.
NSE SYMBOL: INOXWIND
Chart Analysis: Daily Chart
Pattern Identification: Double Bottom & Symmetrical Continuation Triangle (Bullish)

  • The price seems to have reached a bottom after failing to break through a support level and ultimately rising higher in a sign of reversal to a new uptrend.
  • The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend.


PLEASE NOTE THAT:
  • This chart analysis is only for reference purpose.
  • This is not buying or selling recommendations.
  • I am not SEBI registered.
  • Please consult your financial advisor before taking any trade.
Trade closed: target reached
EDUCATIONAL TARGET CLOSED!
breakoutsignaldoublebottombreakoutDouble Top or BottomindianstockmarketindianstocksanalysisTriangletrianglebreak

Disclaimer