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Technicals for Inox Wind Limited
By MusingTheNews
2025-04-25 20:40
Overall Technical outlook
Price Summary
Inox Wind Limited's stock declined -5.68% today, reflecting an lousynding market day. On 2025-04-25, Inox Wind Limited's stock opened at 182.51, spiked to 182.89, declined to 166.95, and closed -5.68% lower at 172.14, with 17894186 shares traded. The stock reached its highest price of 254.34 and lowest price of 134.93 over the last 52 weeks. Future price predictions suggest a range between 212.0 and 249.0, with an average expected price of 228.0, as per 6 analysts.
Technicals
Support and Resistance: At 172.14, the price for INOXWIND is supported at 168.73 and resisted at 181.02. This indicates a trading range where 168.73 serves as a support level, potentially preventing further decline, while 181.02 could limit upward movement. Support/Resistance for INOXWIND
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Inox Wind Limited
Bol. Bands: The price's drop under the upper Bollinger Band suggests a possible downward movement. This signal may indicate that the recent uptrend is losing strength, and a decline could follow. Traders often view this as an overbought condition, where a price correction is likely, making it an essential moment to consider potential adjustments to trading positions. Bolinger Bands chart for Inox Wind Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for Inox Wind Limited
Stochastic: The stochastic indicator shows the K-line below the D-line and above 80, hinting at the potential beginning of a bearish price move for INOXWIND. This setup could signal that the market's recent strength is weakening, possibly leading to a downturn. Traders should watch for further evidence of a bearish trend. Stochastic chart for Inox Wind Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages for INOXWIND points to a bullish trend in the market. The slopes of these averages further indicate a mildly bullish sentiment overall. This suggests that while there is some upward momentum, the market is not expected to surge rapidly, but rather to maintain a steady and gradual rise in value over time. Tripple SMA chart for Inox Wind Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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