INOXGREEN is a power Stock that has given the breakout and a high probable that it will move in the bull side now. It has successfully broken the Flag and pole pattern.
Flag and Pole Breakout to upside.
RSI > 50, crossing 60 to upside means a bullish momentum is expected.
Price > EMAs(13,50,200) shows bullishness.
Price > VWAP
INOXWIND Daily Chart
1. Breakout of Descending Triangle Pattern
2. Moving Averages Bullish Crossover
3. RSI > 60
If the price sustains above 200 and in the breakout zone then the price could see the levels of 228 and then 260
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Disclaimer: This is my pre market analysis and my trading...
we see in the chart that the stock changing its momentum
we will see that the stock will give good returns on the monthly chart
Central resistance zone between 235 to 310 rs approx.(+-5)...above 233 will see a sudden change in north direction...book profit at 300 rs and if broke 310 monthly then the stock will show further momentum
Chart is pretty self explanatory.
Buy when it closes above 512.
Target could be 563 and above with trailing stop loss.
Note :- I am not SEBI registered and this is not a trading recommendation. It is just for education purposes.
Trade at your own risk.
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...
Sell at 347-347.50
Target Buy :- 346.50, 345, 344
SL :- 348.50 - 349
This is not a intraday call....
this is only for education purpose...
let me know if i am wrong in this.....
Thanks in Advance.......
Inox Lesiure is presently in downtrend channel , The indicators are bearish until it touches 263 levels there is a major support.
If tomorrow it fails to bounce back the trend will continue to drop till 263
Above mentioned is only for study purposes, kindly review or consult your financial manager for confirmation.
I am not a Sebi reg analyst, this is purely...
stock not participating in market rally
an upmove likely top be a bull trap i feel
i personally like to go /stay short as long as its trading below 1328/1348 area
thus buying a ce of 1300 odd area by selling 1400
as well as shorting a pe of 1000 odd levels and future short can overall poroove to be a safe thing with a good RR