Analyzing the remarkable 6.9% GDP growth of India in Q4 FY25, exploring...
Technicals for Inox Wind Limited
By MusingTheNews
2025-05-30 20:41
Overall Technical outlook
Price Summary
On 2025-05-30, Inox Wind Limited's stock began at 195.0, climbed to 197.3, dropped to 191.63, and had 0.0% to end at 195.0, with a volume of 23383286 shares. The stock's highest price over the 52-week span is 254.34, while the lowest price is 134.93. The future price of INOXWIND is anticipated to range from 212.0 to 249.0, with an expected mean price of 228.0, according to the recommendations of 6 analysts.
Technicals
Support and Resistance: The price of 195.0 is supported at 181.02 and faces resistance at 206.56. This range suggests key levels for INOXWIND where the price may stabilize, with 181.02 acting as a support and 206.56 as a cap on gains. Support/Resistance for INOXWIND
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for Inox Wind Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Inox Wind Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Inox Wind Limited
Stochastic: The stochastic indicator shows the K-line below the D-line and above 80, pointing to the potential onset of a bearish price move. This setup could indicate that the market's recent gains are starting to reverse, possibly leading to a downturn. Traders should monitor this closely for further bearish signals. Stochastic chart for Inox Wind Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that this bearish momentum might be fading. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move. Tripple SMA chart for Inox Wind Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into the development saga of the Kaveri engine for...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.