INOX WIND LTD NSE:​INOXWIND

Inox wind has made double bottom pattern on daily chart , hv to wait and see for the breakout of the resistance

Ascending triangle formation on the chart also good signal on the MA(10) on the CCI(20). The EMA(200) seems as a strong resistance so a breakthrough above it could mean strong movement. Also fine support from the ICHIMOKU cloud below. Anything in 150-155 should be a good entry point IMHO.

Good channel with upward bias Wait for right price and signal

Keep This Script under Watch

This swing based on Moving average cross + Bullish gap up E - 191.9 ST - 182.9 T - 211.3

Indeed Investment Stock for target zone 325-350 as Minor wave 2 retraced deep almost 90% of Minor wave -1- So, we shall be looking for target zone 325-350 + in coming months & years. At 345 it measure 261.8% of minor wave-1 distance & projected from minor wave-2. But it is too early to come up with such high projections at this stage & we will review the stock as ...

Buy range 180-200 Sl 160 Target trail sl only

Inox Wind is in downtrend, But its now trying to create a base. If it sustains above 185 for couple of days then it will try to reach 214. Exit on close below 160