IEX has tested the resistance of 151 multiple times. The momentum is fairly strong too and can be a good pick at this stage.
A trade can be initiated, for the levels mentioned on the chart, with a strict stop loss of 145 on the long side, CMP: 151
I am not a Sebi registered trader/analyst and above idea is purely mine, meant for educational purposes only. Not a buy recommendation.
A trade can be initiated, for the levels mentioned on the chart, with a strict stop loss of 145 on the long side, CMP: 151
I am not a Sebi registered trader/analyst and above idea is purely mine, meant for educational purposes only. Not a buy recommendation.
Trade closed: stop reached
Stop loss hit.
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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.