Inox Wind - VCP With sector tailwinds and government reforms..
Many wind power players are and their support systems are super bullish on the sector..
Long above 159. Stoploss 150.
INOXWIND trade ideas
INOXWIND - Ichimoku Bullish Breakout Stock Name - Inox Wind Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 135
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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INOXWIND - bouncing backNSE:INOXWIND
After a recent downtrend from NOV, INOXWIND seems to be bouncing back from support levels.
We can clearly see an increase in volumes, above all the moving averages.
Also, Daily RSI is increasing, which is above weekly and monthly.
Also stock closed above the previous Week and Monthly Highs.
Add to watchlist - next target will be 128 and then 154 levels.
INOXWIND Looking good successful breakout on monthly chart and also on daily chart give good U shape turn now can good upside
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.Tweets neither advice nor endorsement.
Buy Today, Sell Tomorrow: INOXWINDDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in INOXWIND
Buy Today, Sell Tomorrow: INOXWIND
swing trade setup 15% gainsLOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysis.
Probable C&H formation on weekly chart for INOX Wind #InoxwindInox wind weekly chart seems under the formation of C&H. Thought its early to pre-empt, but worth keeping the stock on watch list. RSI is also decent at 56 for weekly chart with this week yet to have 4 more sessions.
Disc : Invested. Not a reco to buy or sell
