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rakeshreddym

IEX long Positional

Long
INDIAN ENERGY EXCH (NSE:IEX)  
rakeshreddym Updated   
NSE:IEX   INDIAN ENERGY EXCH
Trend Analysis Support and Resistance Supply and Demand
14
0
trendanalysis supportandresistance supplyanddemand
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
Comment:
IEX trigered long at 130
snapshot
Comment:
IEX still doing good above 130 now 136
snapshot
Trade active:
IEX 140 now
snapshot
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.
Comment:
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

snapshot
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