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Akhilesh Jat

10th Oct · SEBI Registration INH000016649

Inox Wind forms Bullish Harami near Rs 62.43 support

Inox Wind formed a Bullish Harami near Rs 62.43 support on 9 October 2026, but the trend stays bearish and Rs 68 is the first hurdle. Inox Wind Limited [

INOXWIND
] formed a Bullish Harami on the daily chart on 9 October 2026, close to the Rs 62.43 support. The first hurdle sits at Rs 68. A Bullish Harami has a large red candle followed by a small green body inside it. It shows that selling pressure slowed, but on its own it is a weak sign of reversal. Bulls often try one comeback in the next one or two sessions, and a gap up open would raise that chance. The trend still reads strongly bearish, and the stock fell about 51 percent over the year to late September. One candle at the lows is not enough, so volume and follow-through matter. What next: a close above Rs 68 may be the first sign that the bounce is holding. Above that, Rs 79 is the next resistance. A close below Rs 62.43 may keep the bearish structure in place. Conclusion: the Harami is a pause, not a reversal. Stance stays bearish until price clears Rs 68 with volume, and the pattern alone needs support from other factors. Disclosure & Disclaimer: I and my family members do not hold any position in the stock discussed. This content is provided solely for informational and educational purposes and should not be construed as investment advice or a recommendation to buy or sell any security. Investments in the securities market are subject to market risks. Please read all related documents carefully before investing.

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