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INOXGREEN Bullish Prediction analysis 13 NOV

NSE:INOXGREEN   INOX GREEN ENERGY SER LTD
INOXGREEN is a power Stock that has given the breakout and a high probable that it will move in the bull side now. It has successfully broken the Flag and pole pattern.
Reason:
  1. Flag and Pole Breakout to upside.
  2. RSI > 50, crossing 60 to upside means a bullish momentum is expected.
  3. Price > EMAs(13,50,200) shows bullishness.
  4. Price > VWAP
  5. Successful Breakout done.

Verdict:
Strong Bullish

Plan of action:
BUY: 69-70 (LTP)
STOPLOSS: 65.50
TARGET: 80 (1st Target) after that trail

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