IEX is one of leading short term energy exchange
Pure price action NSE:IEX help you understand what's possible
Recovered from low after the bad news
Market is digesting positive news on court ruling
now waiting for next trigger?
Stock has form a based at at support zone of 135-160 and can make a big move from here.
IEX - Indian Energy Exchange is looking good for an upside move CMP 160
TGT 1 196 (~25%) - Period 6 months
TGT 2 250 (~60%) - 1 Yr
TGT 301 (~90%) - 1.5 Y
Strict Stoploss 135 (~15%)
CAN BE AVEARGED In the range (135-160)
The price consolidating well in a range of 128 To 154, and now price trading near the breakout level. If price breaks the level of 154 and closes than sharp upmove can possible in next coming trading sessions./b]
👉 Stock Consolidating well👍
👉 Support 128 below that 108📈
👉Breakout possible above 154+📈
👉Buy Above Breakout Confirmation🎯
👉Keep On radar✅
After a long consolidation an upside breakout had been done. As per analysis, here is best buy opportunity on NSE:IEX with stop loss of 151. My upside target would be 173.00
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
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Please note that any trading...
Accumulation is going on in IEX since long time. this is 2nd attempt for IEX to breakout from box pattern but it seems hard to break. if it break 150 level then we can see again 130-135 levels.
But keep eye on it. for me, its good R:R when price comes near 130-135. 125 seems good support here.
Levels are marked on chart for intraday. Follow price action and...
IEX has closed above EMA 9 & 20
the stock has taken multiple rejections from EMA 50 line which also acts as main resistance to the stock price since a long time.
The stock is expected to reach the target price by taking its previous price actions.
The stock price may retest EMA 50 before hitting Target 2.
Place stop loss GTT trade while taking the...