INOX WIND Bouncing from Channel Support- Keep In Radar
✅ The stock has successfully bounced off the lower trendline of its rising channel, indicating a continuation of the bullish trend. It is currently testing the key resistance near 225, which aligns with the previous high.
✅ The RSI is recovering from 46, showing a potential buildup of momentum for further upside. A breakout above the resistance zone of 225-230 could push the stock toward higher levels, with the next target being around 260.
✅ With increasing volume and strong buying interest, a confirmed breakout could lead to another rally within the channel reinforcing the overall upward trend.
✅ The RSI is recovering from 46, showing a potential buildup of momentum for further upside. A breakout above the resistance zone of 225-230 could push the stock toward higher levels, with the next target being around 260.
✅ With increasing volume and strong buying interest, a confirmed breakout could lead to another rally within the channel reinforcing the overall upward trend.
Not
Join our community in telegram for real time updates --- telegram.me/marketiik
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.