Black Friday saleUp to 70% OFF
INDIAN ENERGY EXC LTD
Long

IEX - Trading at almost 50% points away from 52 week high

By Haritha05
IEX

Indian Energy Exchange (IEX) is the premier electricity exchange in India, which facilitates trading of electricity regulated by the Central Electricity Regulatory Commission


*IEX commands a market share of ~90% in the power exchange market


*The company has a debt free balance sheet with cash & investments to the tune of ~ |340 crore


*Found attractive swing trade/ short term investment opportunity with lower risk ratio


*Buy for the target - 166, 180, 220
Stoploss - 130
Chart PatternsIEXindianenergyexchangenifty50stockshortterminvestmentswingbuyswingtradeswingtradingTrend Analysis
Haritha05

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