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Haritha05

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

Long
INDIAN ENERGY EXCH (NSE:IEX)  
Haritha05  
NSE:IEX   INDIAN ENERGY EXCH
Trend Analysis Chart Patterns IEX indianenergyexchange swingtrading shortterminvestment swingtrade nifty50stock swingbuy
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trendanalysis chartpattern iex indianenergyexchange swingtrading shortterminvestment swingtrade nifty50stock swingbuy
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

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