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Stock analysis Inox Green Energy Ser Ltd INOXGREEN

More indepth analysis on MunafaSutra.com

Moving Averages for Inox Green Energy Ser Ltd

  • 5Day Average: 124.91
  • 12Day Average: 128.08
  • 20Day Average: 134.8
  • 50Day Average: 126.5
  • 100Day Average: 98.21
  • 150Day Average: 88.15
  • 200Day Average: 79.37

INOXGREEN Indicators & signals

Indicator MACD (12,26,9)

128.58, 129.51, 0.77
Indicator MACD is in negative zone

Indicator ADX (14)

11.73, 20.23, 25.61
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of INOXGREEN Inox Green Energy Ser Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Fri May 2024 133.15 131.20 to 133.15 4.97% 0.32 times
16 Thu May 2024 126.85 122.40 to 128.30 3.81% 1.83 times
15 Wed May 2024 122.20 120.50 to 124.80 -1.29% 0.56 times
14 Tue May 2024 123.80 119.00 to 124.45 4.43% 0.65 times
13 Mon May 2024 118.55 115.35 to 123.90 -1.7% 0.66 times
10 Fri May 2024 120.60 117.05 to 123.00 1.39% 0.58 times
09 Thu May 2024 118.95 117.75 to 125.70 -4.03% 0.79 times
08 Wed May 2024 123.95 123.50 to 127.95 -2.78% 0.85 times
07 Tue May 2024 127.50 127.20 to 132.00 -4.78% 1.79 times
06 Mon May 2024 133.90 133.90 to 145.50 -5% 1.46 times
03 Fri May 2024 140.95 139.25 to 149.00 -3.82% 0.82 times
02 Thu May 2024 146.55 142.70 to 148.00 1.42% 4.22 times

Technical analysis forecast of Inox Green Energy Ser Ltd Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Inox Green Energy Ser Ltd INOXGREEN at this time. Stock is rising and might rise more.

It appears as if Inox Green Energy Ser Ltd INOXGREEN gave a large move recently.

Stock of Inox Green Energy Ser Ltd (INOXGREEN) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Inox Green Energy Ser Ltd is bullish for shortterm, and stock might move up till 141.5 or till 155.4. Use a stoploss of 129.94 and if this stock hits its stoploss, then it can fall down till 118.36

More indepth analysis on MunafaSutra.com