IEX - Analysis Any weekly close below 200 levels will invite the afore mentioned targets on charts. Stay cautious in this counter.
IEX seems a good to buy from here, SL below 190, closing basis. targets 220, 240, 260, 300+
IEX is followint parallel channel pattern in 15min TF. We can expect good move in either of side after pattern Breakout/Breakdown.
IEX seen as making Double Three (Double three & Double three pattern). First correction of WXY completed. Second leg X completed, now is in Wave Y. Expected retracement 61.8%
he Indian Energy Exchange is an Indian electronic system-based power trading exchange regulated by the Central Electricity Regulatory Commission. IEX started its operations on June 27, 2008.
IEX is showing bullish momentum as making inverse head and shoulder pattern and trading above 100 MA on daily chart with decent volume. Good to enter..!!
NSE:IEX Inverted Head & Shoulder break out with high volume, Expected Returns-18.41%
This stock is at a very strong breakout level as it pulled back from the last 2 year's support level and also given us a strong bullish indication as the stock also given us a brekout from the monthly pattern breakout...... BUY , BUY & BUY
IEX Now Trade @ 223.70 today break out important Trend Line 238 immediate resistance if break out above 238 Swing Exit 263 and 285 finally 295
IEX looking good on daily chart. On the verge of inverse head and shoulder breakout. One can enter once it closes above 50 MA for the targets 240 and 270.
Keep this on your radar and good breakout near to the strong support
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
POTENTAIL MOVES FOR COMING DAYS AS MARKET IS CONCERN ITS IS MOVING IN NARRO RANGE YOU CAN HEDGE YOUR POSITIONS & DONT GO FOR NAKED OPTIONS BUYING As i have also suggested a stock which i am seeing as a potential for upside is IEX it has came in far oversold zone funda,entally very good stock upto 30% upside is possible
Indian Energy Exchange Ltd Indian Energy Exchange on Thursday announced that it traded 8,652 MU electricity volume and achieved 16% year on year growth in January 2022. ICICI Direct is bullish on Indian Energy Exchange recommended buy rating on the stock with a target price of Rs 305 in its research report dated January 25, 2022
IEX 15min Time Frame , wait for good profitable entry add this to your watch list .
IEX made bullish butterfly pattern & its trading above yesterday's high with good set of volumes. Could be bought with mentioned stoploss & targets.