INDIAN ENERGY EXC LTD
Long
Updated

IEX long Positional

IEX is at demand zone last time it took support in this area rallied up nicely to upper levels good stock to buy at lows.

Buy at Current market price or 130 stop loss 120 (Keep 5 points for buffer on stop loss)
Target 1 150
Target 2 180
Target3 200
Target 4 220
Target 5 250
Note
IEX trigered long at 130
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Note
IEX still doing good above 130 now 136
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Trade active
IEX 140 now
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Trade active
144 now
Trade active
Target one reached
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Trade active
IEX again at Demand zone look for positvie price here and go long good risk reward location.

120-125 buy area stop loss immeadiate swing low or your risk apetite, Target will be 135 to 150 positional trade.
Note
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Trade active
IEX Trigered Buy call in 120-125 area short time frame it made lower high and reversal pattern double bottom at demand zone ,well ahead to reach first mentioned target of 135

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