Inox WindInox wind after a good consolidation in the form of a rounding bottom, has given a breakout retest. Keep eye on its breaking out frm trendline towards a new high! 👁️
INOXWIND trade ideas
INOXWIND | If Closing above 192Disclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
INOX WIND BREAKOUT LEVELS
"📊 INOX WIND Breakout Levels 🚀
🚨 Key Levels to Watch:
Resistance Level: [214 💥
🔍 Breakout Zone: Monitor for a potential breakout above the resistance level or a pullback to support for entry opportunities.
📈 Stay updated and trade wisely! 🚀
#INOXWIND #BreakoutLevels #TradingAnalysis #Stocks #TechnicalAnalysis #MarketWatch"
Feel free to customize the price levels based on your analysis.
INOX WIND LTD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Go long in INOX WINDHere is a trendline breakout in INOX WIND. From here, on the upper side we can expect targets of 218,227 & 241.
Stoploss against this investment can be placed near 200.
InoxwindInoxwind
CMP 202
At crucial support zonecan bounce back from support zone or it will complete H&S if it breaks support
Key support 170-176 level
INOX WIND Swing Long TradeEnter only when 15minute candle closes above the Entry Zone Price - 229.45
Target with Risk to reward 1:2 is 280.35
Stoploss only when 1 day candle closes below the price - 204
Note: This is not any financial advice, this is for education purpose only.
INOXWIND - BullishStock name - Inox Wind ltd.
Weekly chart setup
Chart is self explanatory everything.
Master score - B
Disclaimer : This is for demonstration and education purpose only. This is not buying or selling recommendations. I'm not SEBI registered.
INOXWIND potential breakout 6 months long base
Out of the base pullback entry
Low risk entry point
High relative strength
INOX WINDKindly do your own study. This study is for view discussion only.
This stock is making new high and Wind is very high and stock is flying.
Monthly price is challenging upper bollinger band
Monthly MACD is in PCO stat
Monthly RSI is above 60
Weekly price has challenged upper bollinger band
Weekly MACD has given uptick above zero line
Weekly RSI is above 60
Weekly stochastic has given PCO
Weekly =DI crossed -DI
Daily price has given BO with high volume
Daily MACD is in PCO and above zero line
Daily RSI is above 60
Daily ADX is strong
INOX WIND SWING STOCK 50% swing trade perfect symmetrical triangle long term opportunity take trade according to own risk this is not call just a analysis.
Inox windStrong Upmove building up
Company becomes Debt free
Recently split happened 1 : 4 qty
Strong Renewables tailwind
Inox WindStock is seen major rejection from 645 levels on 6-May-2024 and seen a steep correction to 553 levels and currently trading at 560 as on 8-May-2024.
First support levels are seen at 535-540 levels.. Although the company has announced Merger of INOX WIND ENERGY and INOX WIND shares and also 3:1 bonus on INOX WIND shares.. the stock may go up to 720 levels before the record date (18-May-2024) and can fall after this to the support levels again
can accumulate the stock at support levels
Overall the stock is in bullish trend since the company shown turn-around performance and have heavy order books
fundamentally Good go with limited qty buy at 110 targets 130/150 slcb below trendline go with limited qty
INOXWIND- Support and Resistance Zone (FOR EDUCATIONAL PURPOSE)INOXWIND- Support and Resistance Zone
#INOXWIND
Resitance 1 : 177
Support 1 : around 138 to 135
Support 2 : around 106 to 103
Inox Winds - Breakout - to be sustainedInox Wind :
Good breakout in progress
Need to sustain 550-560 levels
INOXWINDThe 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.
INOXWIND ProfitSuccess! 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%
INOXWIND Multiyear Breakout 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.
This head in green energy share will do something goodA 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
Inox Wind LtdBREAKOUT 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 power projects are expected to be commissioned by the end of 2030.
Orders and Capacity:
Inox Wind received another 200 megawatts order from NTPC, with a total current order from NTPC alone of 350 megawatts.
Inox Wind has successfully commissioned its first 3.3-megawatt prototype wind turbine, which is expected to provide significant growth opportunities.
Inox Green Energy Services Limited, IGESL, has acquired 51% stake in I-Fox Windtechnik India Private Limited, adding 230 megawatts to the Inox Green portfolio.
Inox Wind is sitting on a large order book, and the new 3.3-megawatt turbine will substantially add to its revenues and profitability.
Inox Wind aims to do at least 500 megawatts of installations in FY '24.
Market Cap
₹ 4,834 Cr.
Current Price
₹ 171
Book Value
₹ 61.4
Dividend Yield
0.00 %
ROCE
-9.09 %
ROE
-37.4 %
Face Value
₹ 10.0
Promoter holding
72.0 %
EPS last year
₹ -23.6
EPS latest quarter
₹ -4.16
Debt
₹ 2,382 Cr.
Pledged percentage
3.06 %
Net CF
₹ -44.6 Cr.
Price to Cash Flow
-4.40
Free Cash Flow
₹ -1,487 Cr.
Debt to equity
1.37
OPM last year
-34.8 %
OPM 5Year
-16.8 %
Reserves
₹ 1,410 Cr.
Price to book value
2.78
Int Coverage
-1.02
