INOXWIND is approaching a high-probability bullish reversal zone.
Price is currently sitting at long-term horizontal support while compressing inside a falling triangle pattern. This area has previously acted as a strong demand zone.
Key Bullish Signals:
🔹 1. Price near major support + triangle apex
The price is holding above long-term support and squeezing toward the triangle’s end — a zone where breakouts or sharp reversals often happen.
🔹 2. RSI deeply oversold (near 28–30)
RSI is at levels where previous reversals occurred, showing sellers are exhausted and downside momentum is weakening.
🔹 3. MACD losing bearish strength
The MACD histogram is flattening and the lines are preparing for a potential bullish crossover, indicating the downtrend is weakening.
🔹 4. Tight price compression forming a “price pipe”
Price action is tightening, which often precedes a volatile move — and with indicators oversold, the probability favors an upside bounce.
🎯 Bullish Expectation
If the support holds, INOXWIND may show a sharp relief rally toward:
₹140
₹150 trendline
And possibly higher if volume supports a breakout.
⚠️ Risk Disclaimer
Support breakdown below ₹130 will invalidate the bullish setup.
This is a study of chart behavior and probability only — not a buy/sell recommendation. Always do your own research and manage risk.
Price is currently sitting at long-term horizontal support while compressing inside a falling triangle pattern. This area has previously acted as a strong demand zone.
Key Bullish Signals:
🔹 1. Price near major support + triangle apex
The price is holding above long-term support and squeezing toward the triangle’s end — a zone where breakouts or sharp reversals often happen.
🔹 2. RSI deeply oversold (near 28–30)
RSI is at levels where previous reversals occurred, showing sellers are exhausted and downside momentum is weakening.
🔹 3. MACD losing bearish strength
The MACD histogram is flattening and the lines are preparing for a potential bullish crossover, indicating the downtrend is weakening.
🔹 4. Tight price compression forming a “price pipe”
Price action is tightening, which often precedes a volatile move — and with indicators oversold, the probability favors an upside bounce.
🎯 Bullish Expectation
If the support holds, INOXWIND may show a sharp relief rally toward:
₹140
₹150 trendline
And possibly higher if volume supports a breakout.
⚠️ Risk Disclaimer
Support breakdown below ₹130 will invalidate the bullish setup.
This is a study of chart behavior and probability only — not a buy/sell recommendation. Always do your own research and manage risk.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.