INOX LEISURE LTD NSE:​INOXLEISUR

Amazing. this is by far of the best looking chart , not because i had drawn this , but cause it is !!!! multiple ways of drawing the sloping diagonal line , i would have liked 3 and 1 in that order and yellow line (2) is something i wouldnt have liked yet people will draw all sorts ! The last big candle was actually on lesser volume than i had expected ! will we ...

STRONG SUPPORT @230 LEVEL

Fib Ext 1.618 of "ABC" @ 193.85 Rest Plotted & mentioned on Chart. Education Purpose Only.

INOXLEISUR can go for redline in short term. Stop is 260

Share formed three bullish patterns for three days ,continuously..Inverted Hammer, Hammer and Bullish Engulfing respectively (shown in blue box). RSI is also supporting price rise(shown by arrow). EMA 12 days is about to go above EMA 26 days (shown by yellow and blue lines), which indicates uptrend. All these things indicates, upcoming Bullishness.

In weekly, price at the ascending channel support. sl - 220, 1st tgt - 300

Strong close on INOX LEISURE on good volume, long can be taken on retracement or CMP, for Top of the channel Price Target

Inox done breakout above strong resistance level 268.. 293 could be nxt target in short term. Value unlocking also on card.

Keep it simple stupid Inox Presenting Good Risk to Reward. Trading with rising trend line and above FIB Support. Target 1- 292 SL- 264 Like it if you love it :)