INOXGREEN Bullish Prediction analysis 13 NOV

13 Nov 2023

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:

1. Flag and Pole Breakout to upside.
   
2. RSI > 50, crossing 60 to upside means a bullish momentum is expected.
   
3. Price > EMAs(13,50,200) shows bullishness.
   
4. Price > VWAP
   
5. Successful Breakout done.
   

Verdict:
Strong Bullish

Plan of action:
BUY: 69-70 (LTP)
STOPLOSS: 65.50
TARGET: 80 (1st Target) after that trail