INOX LEISURE trading tips and free stock tips updated for 23rd October 2015, Friday.

INOX LEISURE

Stock witnessing selling pressure from its strong trend line resistance zone @ 276, technical indicates as long as it holds below bears will be favored, further price rise can be seen once stock closes and holds above its trend line resistance.

Chart also indicates that it is holding above 20 DMA this will favor bulls.

Inox technical indicator "RSI" indicates that it is moving in overbought zone this indicates that we can see some correction, close watch.

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INOX LEISURE Indian stock market trading tips , Stock moving up from strong trend line support and doji also appeared in weekly chart, Will favor bulls once stock closes above its recent high @ 183.50. (Updated on 25th September 2014, Thursday).

INOX LEISURE

• Inox Leisure moving up from strong trend line support zone , and will be facing resistance around 183.50, further strength expecting once stock closes and stays above 183.50.
• Intraday stock market tips - Close watch once stock starts trading above 183.50, if holds above 183.50 then intraday bulls action is expecting.
• Stock has formed doji candle formation in weekly chart, sharp movement is expecting. Close watch once breaks and closes above 183.50.
• Stock also moving up from 50 DMA, as long as holds above bulls will be favored.
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INOX LEISURE Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock witnessed selling from its major resistance, will favor bulls once closes above 171.50. (Updated on 23rd August 2014, Saturday).

INOX LEISURE

• As per previous report published on INOX LEISURE , stock gave a sharp up move after breaking its triangle formation and trend line resistance @ 160 and intraday made a high @ 171.50. (Click here to see previous report published on INOX LEISURE).
• Now current chart indicates that stock again failed to close above its previous resistance @ 168.50 and made a new high after breaking its previous top. Technical indicates once stock closes above 171.50 and holds above then Inox looking bullish for next few trading days.
• Intraday close watch once Inox starts trading above 171.50 if holds above then intraday bulls action expecting.
• Suggested Reading - TATA MOTORS facing strong resistane at current levels , will favor bears as long as trades below.
• As per graph no 2 if stock holds above 171.50 and moves up then will find next strong resistance around 185 its 261.8% fibonacci retracement in weekly chart. Close watch.
• By looking at graph no3, stock is holding 50 days moving average since long and currently bouncing back from 50 DMA, this will favor bulls. Even stock major trend indicator "MACD" and "Stochastic Oscillator" is moving in positive zone this indicates stock can move up further from current levels.
• Click here to see all the free trading reports (tips) published by us on INOX LEISURE.
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INOX LEISURE Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock has formed triangle formation in daily chart, Sharp move expecting once stock come out from its formation. (Updated On 19th August 2014, Tuesday).

INOX LEISURE

• As per previous report published on Inox Leisure stock failed to close above its resistance @ 167.50 and after that stock fell down and made a low of 139. (Click here to see previous report published in INOX LEISURE).
• Now daily chart indicates that stock has formed triangle formation in daily chart, it indicates that once stock comes out from its formation then sharp move is expecting. As shown in graph no1.
• As per graph no2 stock will find strong trend line resistance around 160, 164 and 168.50, Once stock closes above its major resistance @ 168.50 and stays above then stock will favor bulls for next few days.
• Intraday close watch once stock starts trading above 168.50, if holds above in intraday trading then we can see some bulls action in Inox Leisure.
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• As per graph no 3 if stock holds above 168.50 and moves up then will find next strong resistance around 185 its 261.8% fibonacci retracement in weekly chart. Close watch.
• Click here to see all the free trading reports (tips) published by us on INOX LEISURE.
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INOX LEISURE Technical Analysis Chart - Stock on the verge of bullish breakout above 167.50. (Updated On 03rd July 2014, Thursday).

• INOX LEISURE is moving in a up channel formation and also trading above 20 days moving average, which indicates stock to favor bulls. Daily chart also indicates stock is now facing resistance around 167.50 (as shown above in daily chart) , once stock starts trading above 167.50 with volumes and stays above then can see some intraday action.
• (Short term trend) - Weekly chart indicates stock is bullish and will find 261.8% fibonacci retracement around 186.
• (Long term trend) - Monthly chart indicates stock is now trading above its golden ration fibonacci retracement as long as stock trade above its golden ratio resistance stock will favor long term bulls.