Potential Breakout possible .
Cup & Handle formation.
Good for Short term.
Target 163 , 190.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
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?
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.
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 form beautiful setup.
chart looking good to go for long investment
our system given buy triggered.our members holding position with sl
all levels shared for education purpose only.we are not sebi registered
NSE:IEX is now ready to make breakout for up side. My idea is to take entry once price retest level of 140.
Then put a stop loss of 10 Points (SL 130) and hold positionally till bigger targets of 145, 152, 163 & 177. It could be very best risk and reward option.
Note: This is my personal analysis, only for learning.
Thanks.
My view on NSE:IEX
After consolidation IEX can move up for target of 178
my entry point 160-161
my target would be 178 (18 points)
Stop loss 154 only (6 points)
Note: This is my personal analysis, only for learning.
