rdkriplani

IEX - Potential bottoming out pattern

Long
NSE:IEX   INDIAN ENERGY EXCH
One of the most popular stocks but fundamentally still has a long ceiling to its upside.
Technically the stock has a triple +ive divergence and also is forming a bullish engulf with todays move.
Long at current price with SL below 170.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.