INOX Wind Under Pressure But Primed For Rebound: SEBI RA WealthFino

The stock is consolidating below key resistance at ₹200, and the analyst sees this as a long-term buying opportunity, citing oversold RSI and rising volume.
Representative Image: Getty Images
Representative Image: Getty Images
Profile Image
Deepti Sri·Stocktwits
Updated Jul 02, 2025   |   8:31 PM EDT
Share
·
Add us onAdd us on Google

INOX Wind Ltd. is trading within a specific range, which makes it an attractive long-term investment opportunity, according to SEBI-registered analyst WealthFino.

At the time of writing, INOX Wind shares were trading at ₹183.99, down 0.7% on the day.

The stock trades below its 9-week EMA of ₹188 at ₹186 while showing resistance around ₹200. 

The analyst identified the ₹165–₹160 region as an accumulation zone where buying activity was previously observed.

The Stochastic RSI indicates oversold conditions, according to WealthFino, which could lead to a short-term market reversal. 

Recent trading sessions have seen an increase in volume, indicating growing investor interest ahead of a potential breakout.

Breaking through ₹200 will initiate bullish momentum, which may result in price targets reaching ₹235, followed by ₹260 and ₹289. 

The analyst alerted investors to the possibility of a deeper market correction if prices drop below ₹136.

On Stocktwits, retail sentiment was ‘bullish’ amid ‘high’ message volume.

The stock has declined 1.8% so far in 2025.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

Share
·
Add us onAdd us on Google
Read about our editorial guidelines and ethics policy