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View on Inox Wind Ltd

Discussion in 'Technical Analysis' started by gunwalvikram, Mar 9, 2017.

  1. gunwalvikram

    gunwalvikram Member

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    Hello Member,
    May I request ur views on investment in
    Inox Wind Ltd for a time horizon of 2-3 years. Regards
     
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  2. shabbir

    shabbir Administrator Staff Member

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    The company is profitable in a very competitive environment with debt under control and so can be considered but I prefer to be investing in companies that has pricing power.
     
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  3. antony_revinson

    antony_revinson Member

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  4. shabbir

    shabbir Administrator Staff Member

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  5. gunwalvikram

    gunwalvikram Member

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    Thanks for the info Sir.
     
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  6. raja_praveen

    raja_praveen Champion

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    Occupation:
    CHARTS READING
    INOX SHOULD SUSTAIN 170-180 LEVELS. ( A GOOD SIGN IS THIS STOCK IS NEAR TO BREAKOUT)
    LONG TERM TARGETS CAN BE 197/214/229/252/293
    IMMEDIATE RESISTANCE IS AT 230-235 LEVELS.IF THIS LEVELS ARE CROSSED THE STOCK MAY GAIN MOMENTUM TO REACH 252/293

    IF CLOSE BELOW 165-160 THEN EXIT IMMEDIATELY.
     

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  7. gunwalvikram

    gunwalvikram Member

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  8. raja_praveen

    raja_praveen Champion

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    Occupation:
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    @gunwalvikram ji
    today inoxwind has shown a good breakout with volume support.
    If cross 198-203 levels this stock will gain momentum .
     
  9. gunwalvikram

    gunwalvikram Member

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  10. bhat64

    bhat64 Apprentice

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    Gunwal if you are looking at a power company then look at companies like Power Grid who don't generate but transmits; here there is pricing power and government doesn't dictate prices unlike in power generation. Or power ancillary who supply to power grid or to the power distribution companies in government like BESCOM So some picks could be voltamp transformers, KEC, Genus power infrastructure etc.


    Sent from my iPhone using DIY Technical Analysis mobile app
     
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