INOXWIND - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.0

📈 INOXWIND is trending upward with bullish momentum and strong technical support, though volume and valuation metrics suggest caution.

📊 Technical Analysis

• Trend Status: Trending — price is above 50-DMA and near 200-DMA, indicating bullish continuation.
• Moving Averages: Price ₹157 is above 50-DMA (₹149) and approaching 200-DMA (₹159), suggesting strength with minor resistance ahead.
• RSI (63.2): Bullish zone, indicating strong momentum with potential continuation.
• MACD (2.51): Bullish crossover, confirming upward momentum.
• Bollinger Bands: Price near upper band, signaling strength but nearing short-term resistance.
• Volume: Current volume (61.9L) is below weekly average (69.3L), showing slight decline in participation.

🎯 Entry & Exit Zones

• Support Levels: ₹149 (50-DMA), ₹140, ₹128
• Resistance Levels: ₹159 (200-DMA), ₹170, ₹185
• Optimal Entry: ₹150–₹155 (on pullback)
• Exit Target: ₹170–₹185 (resistance zone)

✅ Positive

• MACD and RSI indicate strong short-term bullish momentum.
• ROCE (11.8%) and ROE (10.2%) reflect improving capital efficiency.
• DII holdings increased by 0.75%, showing growing domestic institutional interest.
• Debt-to-equity ratio of 0.24 indicates solid financial stability.

⚠️ Limitation

• Volume below average, suggesting limited conviction in the rally.
• Stock P/E (66.2) and PEG ratio (1.30) suggest overvaluation relative to industry and growth.
• Dividend yield is 0%, offering no passive income.

📉 Company Negative News

• FII holdings declined by 0.41%, indicating reduced foreign investor interest.
• Quarterly PAT dropped from ₹190 Cr to ₹86.7 Cr, showing earnings volatility.

📈 Company Positive News

• Quarterly profit variation of 23.5% reflects operational improvement.
• EPS of ₹2.80 and consistent profitability support long-term valuation.

🏭 Industry

• Renewable energy and wind power sector is expanding with government support and global sustainability goals.
• Industry P/E (51.6) is lower than INOXWIND’s (66.2), suggesting premium valuation.

🧾 Conclusion

• INOXWIND is trending upward with bullish technical indicators and improving fundamentals.
• Entry near ₹150–₹155 could offer a favorable setup with targets around ₹170–₹185.
• Investors should monitor volume and earnings consistency for confirmation of sustained upside.