The stock seems poised for move to higher levels. Attempting to cross the previous Rejection area. Relative strength and Money flow seems to assist the move. We can see accumulation in terms of increased delivery volumes. A good bullish close above 579 will take the stock to higher levels.
Success! The share I recommended on January 29th has turned into a winning trade. Today's gains affirm the wisdom of that suggestion. Here's to more successful trades ahead.
8 Days
Profit=(+48)9.99%
INOX WIND gave multiyear high breakout and broke its previous high, looking super solid for a long term, investors looks keen and showing confidence. Looks good to enter for a long term according to risk management and position sizing. from here every pull back will be an opporununity to buy on dip.
Note: Please consult your financial advisor before any investment.
A large round bottom breakout on this share is showing his strength And it's already on higher end of breakout Green energy themes will boost this stock future. Also, I believe so
BREAKOUT IN CHART
TARGET AND STOP LOSS MENTIONED
Industry Outlook:
The wind sector is experiencing a huge impetus due to geopolitical tensions and the Government of India's objective of achieving 450 gigawatts of renewables by 2030.
MNRE has set up a target of floating 10-gigawatt wind of power bid every year until 2028, and approximately 100-gigawatt wind...
These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
This content for only education purpose!
I am not SEBI Register.
INOXWIND has given the breakout. as shown on the chart. we can see it has accumalated the quantity for past 3 months. now today has given breakout with nice volume. it will be a good trade with R:R :: 1:3.
Reason:
descending bullish triangle pattern breakout confirmation.
RSI is breaking 60 to upside nice strength in the trend.
Support at VWAP
...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Both target done in Inoxwind within 48 days.
more than 40% ROI in 48 days
follow for the more swing stocks.
(note: we are not SEBI registered so please do your own analysis also).
Looks good after a brief consolidation and forming a double bottom pattern and giving a BO of one of the important Gann box levels
More volumes coming in for theast few weeks and RSI strength is also improving.
Inoxwind have bullish trend pattern
Buy: 110
Stop Loss: 100
Target: 130, 150,160
(NOTE: we are not SEBI registered so please do your own analysis also)
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