Looks good for a 5th wave ride..
Structure: INOX Wind has completed waves 1, 2, and 3 (Elliott Wave count), now correcting in wave 4 near strong support (120–150INR zone).
Volume: Significant accumulation seen during recent rally, with volume expansion confirming breakout strength.
RSI: Currently at 42.91, indicating the stock is out of the overbought zone and resetting momentum for the next leg.
Outlook: If support holds, wave 5 could target higher levels (500–600 zone).
Invalidation: Breakdown below support could trigger further downside.
Structure: INOX Wind has completed waves 1, 2, and 3 (Elliott Wave count), now correcting in wave 4 near strong support (120–150INR zone).
Volume: Significant accumulation seen during recent rally, with volume expansion confirming breakout strength.
RSI: Currently at 42.91, indicating the stock is out of the overbought zone and resetting momentum for the next leg.
Outlook: If support holds, wave 5 could target higher levels (500–600 zone).
Invalidation: Breakdown below support could trigger further downside.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.