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:
Verdict:
Strong Bullish
Plan of action:
BUY: 69-70 (LTP)
STOPLOSS: 65.50
TARGET: 80 (1st Target) after that trail
Reason:
- Flag and Pole Breakout to upside.
- RSI > 50, crossing 60 to upside means a bullish momentum is expected.
- Price > EMAs(13,50,200) shows bullishness.
- Price > VWAP
- 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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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.