Buy Buy with sl below 290 on daily closing basis for target of 410. If it manages to close above mid point line then next target would be 600+.
Disc : it's not an investment advise to buy or sell
Inoxleisure
NSE:INOXLEISUR long INOXLEISUR
given a breakout in range bound zone , also having volume supported breakout in this crucial level , it seems looks good for positional trading for a week.
NSE:INOXLEISUR long INOXLEISUR
given a breakout in range bound zone , also having volume supported breakout in this crucial level , it seems looks good for positional trading for a week.
INOX | Short-Term BullishGo long only if the day candle closes above the 270 level, and target will be the 200 Moving Avg line which shown in that chart.
INOX | Swing | Short Term BullishBuy above 267 for swing trade target of 278, on short-term target of 360 once the day candle close above 280 level.
Inox Leisure Daily and Weekly AnalysisInox (Daily)
a. Zone: Strong Bull
b. Resistance 1: 259.7
c. Resistance 2: 264.60
d. Support 1: 230.30(Double Bottom Bullish Pattern)
e. Support 2: 225.40(Double Bottom Bullish Pattern)
Inox (Weekly)
a. Zone: Moderate Bear
b. Resistance 1: 267.50
c. Resistance 2: 312.10
d. Support 1: 222.90
e. Support 2: 163.45
NSE:INOXLEISUR
Short on Inox Leisure- Rebound from the upper layer of the weekly channel
- MACD showing weakness
- Negative Volume are on the rise
- RSI is still showing positive divergence on weekly chart, byt negative divergence on weekly chart
- Target of Rs. 250 by September
INOX LEISURE buy setupBuy INOXLEISUR at CMP (280) and on dips upto 260
T1: 325
T2: 400
T3: 440
SL: 230
