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INDIAN ENERGY EXC LTD
Long

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

610
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
Haritha05
Chart PatternsIEXindianenergyexchangenifty50stockshortterminvestmentswingbuyswingtradeswingtradingTrend Analysis

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.
Chart PatternsIEXindianenergyexchangenifty50stockshortterminvestmentswingbuyswingtradeswingtradingTrend Analysis
Haritha05

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.