Inox Wind Ltd has broken the falling trend channel in the medium long term and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. The stock has received a positive signal from the moving average indicator, thus signaling a continued rise. The stock has broken up through resistance at rupee 158. Inox Wind Ltd has broken the falling trend channel in the medium long term and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. The stock has received a positive signal from the moving average indicator, thus signaling a continued rise. The stock has broken up through resistance at rupee 158. This predicts a further rise. In case of negative reactions, there will now be support at rupee 158. Positive volume balance strengthens the stock in the short term. RSI is above 70 after a good price increase the past weeks. The stock has strong positive momentum and further increase is indicated. The stock is overall assessed as technically positive for the medium long term. This predicts a further rise. In case of negative reactions, there will now be support at rupee 158. Positive volume balance strengthens the stock in the short term. RSI is above 70 after a good price increase the past weeks. The stock has strong positive momentum and further increase is indicated. The stock is overall assessed as technically positive for the medium long term.
