Inox Wind eyes breakout, ₹176 is key level: SEBI analyst

Inox Wind eyes breakout, ₹176 is key level: SEBI analyst

Analyst Rajneesh Sharma flagged ₹176 as a breakout trigger for Inox Wind, which is trading in a rising channel. A move above ₹176 could push the stock to ₹200-240, but a fall below ₹155 would invalidate the setup. The RSI remains flat with average volumes,needing stronger momentum. Retail sentiment is bearish despite the recent merger with Inox Wind Energy.

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