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Technicals for Inox Wind Limited
By MusingTheNews
2025-06-13 20:40
Overall Technical outlook
Price Summary
On 2025-06-13, Inox Wind Limited's stock opened at 172.5, reached a high of 175.01, dropped to a low of 171.47, and closed down -0.02% at 172.46, with a trading volume of 7278089 shares. The stock reached its highest price of 254.34 and its lowest price of 134.93 during the 52-week period. The projected price range for Inox Wind Limited is between 212.0 and 249.0, with an expected mean price of 229.2, according to 5 analysts.
Technicals
Support and Resistance: The price of 172.46 is supported at 168.73 and faces resistance at 181.02. This range suggests key levels for INOXWIND where the price may stabilize, with 168.73 acting as a support and 181.02 as a cap on gains. Support/Resistance for INOXWIND
Aroon: The Aroon indicator signals a continued bearish trend, with Aroon Down holding steady at the 100 level. This ongoing downward pressure requires further exploration with additional indicators to understand its broader implications. Aroon chart for Inox Wind Limited
Bol. Bands: The current price remains below the lower Bollinger Band, a position it has held since the previous move. This sustained stay below the band indicates that the market may be experiencing strong downward pressure, possibly leading to an oversold condition. The ongoing bearish momentum suggests that the trend could continue, making this a critical point for traders to monitor closely for INOXWIND. Bolinger Bands chart for Inox Wind Limited
Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for INOXWIND. Parabolic Stop and Reverse chart for Inox Wind Limited
Stochastic: The Stochastic K-line's position below the D-line and under 20 points to a mildly bearish market outlook for INOXWIND. This setup suggests some bearish sentiment, but it is not overly pronounced. Traders should remain cautious and observe the market for further confirmation. Stochastic chart for Inox Wind Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum is weakening. This could be an early sign that the market is preparing for a bullish reversal, as the current downward trend begins to lose steam. Investors may soon see a shift towards more positive price action as the trend starts to change. Tripple SMA chart for Inox Wind Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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