INOXWIND Accumulation Zone – High Probability Upside Reversal

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.