Stock analysis Inox Wind Limited INOXWIND

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Moving Averages for Inox Wind Limited

5Day Average: 189.74
12Day Average: 197.6
20Day Average: 197.18
50Day Average: 204.02
100Day Average: 213.54
150Day Average: 193.66
200Day Average: 283.08

INOXWIND Indicators & signals

Indicator MACD (12,26,9)

194.24, 197.97, -2.75
Indicator MACD is in negative zone

Indicator ADX (14)

14.29, 16.65, 22.19
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of INOXWIND Inox Wind Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
20 Fri Dec 2024	188.46	184.02 to 190.69	0.35%	0.87 times
19 Thu Dec 2024	187.81	184.66 to 188.70	-1.08%	0.58 times
18 Wed Dec 2024	189.86	188.55 to 195.30	0%	0.88 times
18 Wed Dec 2024	189.86	188.55 to 195.30	-1.47%	0.88 times
17 Tue Dec 2024	192.69	191.78 to 198.64	-1.36%	0.94 times
16 Mon Dec 2024	195.35	193.25 to 199.21	-0.74%	0.77 times
13 Fri Dec 2024	196.80	193.80 to 200.10	-2.64%	1.2 times
12 Thu Dec 2024	202.13	199.82 to 206.50	-0.79%	0.78 times
11 Wed Dec 2024	203.73	202.63 to 211.20	-2.14%	1.61 times
10 Tue Dec 2024	208.19	205.71 to 213.60	-0.23%	1.13 times
09 Mon Dec 2024	208.67	206.55 to 212.99	0.48%	1.22 times
06 Fri Dec 2024	207.68	204.22 to 210.42	1.69%	1.56 times

Technical analysis forecast for Inox Wind Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Inox Wind Limited INOXWIND at this time. Stock is falling and might fall more.

It appears as if Inox Wind Limited INOXWIND gave a large move recently.

Stock of Inox Wind Limited (INOXWIND) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Inox Wind Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Inox Wind Limited stays below 188.6, but if it comes above 188.6, then a intra day buy could be more profitable.
If you take a sell trade below 188.6, then use 188.6 as stoploss and 179.1 as target. However if you take a buy trade in Inox Wind Limited, then use 188.6 as stoploss and 196.47 as target.

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